What are the key takeaways from RBI's August monetary policy?
The RBI kept the repo rate unchanged at 5.25% for the third straight policy meeting and raised its FY27 GDP growth forecast to 6.7%. It lowered FY27 inflation forecast to 5% but flagged upside risks from El Niño and tensions in West Asia. The RBI also said liquidity conditions will remain supportive, while growth and the external sector stay resilient.
read more at The Financial Express