The Reserve Bank of India’s Monetary Policy Committee (MPC) has held its benchmark repo rate at 5.25?per?cent and maintained policy stance at 'neutral' amid heightened global uncertainty, driven largely by escalating tensions in West Asia. This is the second straight instance of the central bank having left rates unchanged after the first pause in February this year. Consequently, the SDF rate and the MSF rate has also been left unchanged at 5% and 5.5% respectively.
The central bank has increased FY26 real GDP growth projection to 7.6% from 7.4%. Besides, real GDP growth for FY27 projected at 6.9%. On inflation front, it projected FY27 CPI at 4.6%.
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