Economy
RBI holds repo rate at 5.25%, raises FY27 growth forecast, cuts inflation outlook
What's happening now
The Reserve Bank of India (RBI) has kept the repo rate unchanged at 5.25%, revised its FY27 growth forecast upwards to 6.7%, and lowered its inflation expectation to 5%. The central bank highlighted the resilience of the Indian economy and announced key regulatory changes, including resuming licensing for urban cooperative banks and addressing uniform loan pricing.
Source: Economic TimesRead the full story →