RBI Raises Repo Rate to 5.50% Amid Inflation Concerns
The RBI Monetary Policy Committee increased the policy repo rate by 25 basis points to 5.50%. Governor Sanjay Malhotra highlighted rising inflation pressures and ruled out near-term rate cuts. The Indian economy remains resilient, with a projected GDP growth of 7.1% and inflation forecasted at 5.2%, while core inflation is expected around 4.4%.
Economic Times·




