Policy
Confidence 0.78
RBI keeps repo rate unchanged; projects GDP growth at 6.9%
What happened
The Reserve Bank of India has decided to keep the repo rate unchanged while projecting India's real GDP growth for the current fiscal year at 6.9%.
Causal chain
Repo rate unchanged; GDP growth projection
India impact
Sector impacts
Nifty 50 ~
No immediate impact on market indices from the unchanged repo rate.
Short term (1–4 weeks)
Neutral impact on market sentiment.
Long term (3–6 months)
Stability in borrowing costs may support economic growth.
Sources
- · News On AIR