RBI Keeps Repo Rate Unchanged

The Reserve Bank of India has decided to keep the repo rate unchanged, which is the rate at which the RBI lends money to commercial banks. This decision is crucial as it can impact the overall economy of the country. The RBI has also projected India's real GDP growth at 6.9% for the current fiscal year, indicating a positive outlook for the economy. The decision to keep the repo rate unchanged is expected to have a significant impact on the country's monetary policy and will be closely watched by economists and investors alike. The RBI's decision is aimed at maintaining a balance between controlling inflation and promoting economic growth.