Key highlights from the RBI's August policy review
For the third consecutive meeting, the RBI has maintained the repo rate at 5.25%. Meanwhile, the GDP growth projection for FY27 has been increased to 6.7%. Although the inflation forecast for FY27 was trimmed to 5%, the central bank warned of potential upward pressure due to West Asian geopolitical tensions and El Niño. Additionally, the RBI noted that the external sector and economic growth remain strong, and liquidity levels will continue to be favorable.
by shortkt.com✓