RBI highlights resilience amid geopolitical and weather risks
after close1 source ↓written by the desknot a recommendation
- unless broader price
- 5.25%
The Reserve Bank of India stated that the economy remains resilient, supported by strong demand and robust industrial and services performance. However, it flagged potential risks from the Iran war and a deficient monsoon. The policy rate is expected to remain at 5.25% unless broader price pressures emerge.
Not investment advice. For informational purposes only.