The Reserve Bank of India's Monetary Policy Committee is widely expected to keep the repo rate unchanged at 5.25% and retain a 'neutral' stance, aided by easing inflation and resilient growth. Retail inflation averaged 3.9% in Q1 FY27, below the RBI's 4.2% forecast, while GDP growth is seen near 7% versus a 6.6% projection. Foreign exchange reserves hit a record $682.35 billion by July 24.
RBI MPC Expected to Hold Repo Rate at 5.25%
Source: ANI News
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