RBI highlights resilience amid geopolitical and weather risks
pre-market1 source ↓written by the desknot a recommendation
The Reserve Bank of India stated that the economy remains resilient, supported by robust demand and strong industrial and services sector performance. However, it warned that the Iran war and a deficient monsoon could pose risks to the economic outlook. The RBI is expected to maintain the policy rate at 5.25% during its upcoming meeting.
Not investment advice. For informational purposes only.