GDP growth outlook raised to 7.4%, repo rate stays at 5.25%
The RBI has raised India’s GDP growth forecast for the current fiscal year to 7.4%, while keeping the repo rate unchanged at 5.25% and maintaining a neutral monetary policy stance. Governor Sanjay Malhotra highlighted strong macroeconomic fundamentals, with growth improving and inflation remaining benign, creating a favorable economic environment for India.🕒 1 min read
The RBI has raised India’s GDP growth forecast for the current fiscal year to 7.4%, while keeping the repo rate unchanged at 5.25% and maintaining a neutral monetary policy stance. Governor Sanjay Malhotra highlighted strong macroeconomic fundamentals, with growth improving and inflation remaining benign, creating a favorable economic environment for India.
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