RBI Holds Repo Rate at 5.25% as Strait of Hormuz Crisis Clouds India’s 6.9% Growth Forecast for FY27
The RBI’s Monetary Policy Committee unanimously held the repo rate at 5.25% on 8 April amid the US-Iran conflict. FY26 GDP growth is estimated at 7.6% under the new series, while FY27 is projected at 6.9%.
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