RBI monetary policy: Repo rate kept at 5.25% – what’s the GDP, inflation outlook & what does status quo mean for your EMIs, fixed deposits?
The Reserve Bank of India (RBI)-led Monetary Policy Committee (MPC) on Friday kept the repo rate unchanged at 5.25% in line with expectations from market analysts and economists. The decision to hold the repo rate was driven by resilient GDP growth and benign inflation, amid global headwinds.“After a detailed assessment of the evolving macroeconomic conditions…