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Story summary
- The Reserve Bank of India (RBI) maintained the repo rate at 5.25% in its policy meeting, signaling a cautious stance amid inflation risks linked to geopolitical tensions in West Asia.
- Governor Sanjay Malhotra said inflation is projected to reach 4.6% for FY27, driven by high crude oil prices and a weakening rupee.
- The RBI forecasts GDP growth at 6.9% for FY27, reflecting a neutral stance balancing inflation control with growth.
