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Business
RBI Holds Repo Rate Steady, Forecasts 6.9% GDP Growth for FY
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🗓 03 Aug 2026, 02:36 AM
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The Reserve Bank of India has decided to keep its repo rate unchanged, while projecting the country's real GDP growth at 6.9% for the current fiscal year.
The Reserve Bank of India (RBI) announced today that it will maintain the repo rate at its current level, indicating a pause in tightening monetary policy.
In its latest policy statement, the RBI also released an outlook for the Indian economy, forecasting real GDP growth of 6.9% for the ongoing fiscal year.
The decision reflects the central bank’s assessment that inflationary pressures remain manageable and that the economy is on a stable growth path.
Market participants noted that the unchanged repo rate may provide continued support for credit growth while the growth projection signals confidence in domestic demand and investment.
In its latest policy statement, the RBI also released an outlook for the Indian economy, forecasting real GDP growth of 6.9% for the ongoing fiscal year.
The decision reflects the central bank’s assessment that inflationary pressures remain manageable and that the economy is on a stable growth path.
Market participants noted that the unchanged repo rate may provide continued support for credit growth while the growth projection signals confidence in domestic demand and investment.