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RBI Holds Interest Rates Steady at 6.50% Amid Inflation Concerns

Summary

The Reserve Bank of India announced today it will keep the repo rate unchanged at 6.50% during its March 2026 monetary policy review. RBI Governor highlighted persistent inflationa

The Reserve Bank of India announced today it will keep the repo rate unchanged at 6.50% during its March 2026 monetary policy review. RBI Governor highlighted persistent inflationary pressures, with the consumer price index at 6.1% in February. The decision aims to balance growth and inflation control as the economy shows signs of moderate recovery. Analysts from Bloomberg note that the RBI’s cautious stance reflects global uncertainties and volatile oil prices. The central bank also maintained its GDP growth forecast at 6.8% for the fiscal year 2026-27.
13h ago
RBI Holds Interest Rates Steady at 6.50% Amid Inflation Concerns

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