RBI keeps repo rate unchanged to control inflation, ups this year’s GDP growth forecast to 7.2%
The RBI’s MPC also decided to maintain the ‘withdrawal of accomodation’ policy stance to keep inflation moving downwards to its 4% target; MPC members voted 4-2 to keep the repo rate unchanged, with dissenters seeking a 25 bps cut
The RBI’s MPC also decided to maintain the ‘withdrawal of accomodation’ policy stance to keep inflation moving downwards to its 4% target; MPC members voted 4-2 to keep the repo rate unchanged, with dissenters seeking a 25 bps cut
