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.

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.