In the recent RBI monetary policy announcement, Governor Shaktikanta Das declared that the repo rate remains steady at 6.5%. This decision is significant for borrowers and investors as it indicates stability in borrowing costs.
Additionally, the RBI projected the GDP growth for the fiscal year 2025. While specific details were not provided in this report, it reflects the central bank's outlook on the economy's trajectory in the coming years. This decision reflects the RBI's stance on maintaining economic stability amidst evolving global and domestic scenarios.