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Banks welcome RBI's steady rates, see boost to credit growth
The Reserve Bank of India kept its benchmark repo rate steady at 5.25 percent. It also raised its economic growth forecast and lowered inflation projections. Bankers welcomed the policy stability and proposed regulatory measures for transparency. The central bank's decision reflects confidence in the domestic economy's resilience. This move supports credit flow to productive sectors and financial inclusion.
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cryptobriefing.com
Reserve Bank of India expected to hold rates steady as energy costs cloud inflation outlook
The Reserve Bank of India is expected to hold its repo rate at 5.25% as rising energy costs push inflation forecasts higher and GDP growth
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thehindubusinessline.com
RBI MPC seen maintaining status quo on rates as easing inflation, strong growth support pause
Analysts are anticipating the central bank to retain its 'neutral' policy stance amid easing inflation, resilient economic growth and comfortable external sector indicators
