Indian economy to grow 7% – central bank ...News

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Indian economy to grow 7% – central bank
The Reserve Bank of India has kept the key interest rate unchanged at 6.5% amidst a stable economy In line with experts’ projections, Reserve Bank of India (RBI) Governor Shaktikanta Das affirmed on Friday that the crucial policy repo rate would be maintained at 6.5% as the economy is showing signs of robust economic expansion and persistent inflation. Announcing the unaltered repo rate for the seventh consecutive session, the RBI governor also revealed the central bank’s projection of 7% GDP growth for the 2024-25 financial year, which started on April 1.  In addition, according to the RBI, retail inflation is pr

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