RBI Holds Repo Rate and Lowers GDP Growth Forecast
Economy & Banking
The Reserve Bank of India (RBI) kept the repo rate unchanged at 5.25% in its June 2026 Monetary Policy Committee (MPC) meeting. At the same time, it reduced India's FY27 GDP growth forecast to 6.6% and increased the inflation projection to 5.1%, while announcing measures to attract foreign capital and stabilize the rupee.
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