Quote on RBI Monetary Policy announcement by Mr. Ajit Mishra – SVP, Research, Religare Broking Ltd
Below the Quote on RBI Monetary Policy announcement by Mr. Ajit Mishra – SVP, Research, Religare Broking Ltd
"The RBI has held the repo rate steady at 5.5%, maintaining a neutral stance amid a stable economic backdrop. While inflation forecasts have been revised downward to 3.1% for the year, the central bank flagged potential year-end pressure, projecting a rise to 4.4% due to seasonal factors. With GDP growth pegged at 6.5% and liquidity in surplus, the RBI reiterated its data-dependent approach, staying cautious yet flexible in the face of global uncertainties."
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