RBI cuts growth, hikes inflation forecast as West Asia crisis bites
The RBI maintained the repo rate at 5.25% amidst economic slowdown fears and rising inflation risks from the West Asia conflict. Governor Sanjay Malhotra signaled concern over generalized inflation, cutting the FY27 growth forecast to 6.6% and raising inflation projections to 5.1%.
Information from The Times of India. Edited by: Noticias Today.
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