RBI raises repo rate by 25 bps to 5.50%, shifts to "calibrated tightening", lifts FY27 GDP forecast to 7.1%

The RBI raised its policy repo rate by 25 bps to 5.50% and shifted its stance to "calibrated tightening" as inflation pressures broaden, in a unanimous vote by its six-member panel. It lifted its FY27 real GDP growth forecast to 7.1% from 6.7% and raised its CPI inflation projection to 5.2% from 5%.

Detected & updated continuously · Source: Nebula