RBI Keeps Repo Rate Unchanged At 6.5%, GDP Growth Seen At 7%

The RBI decided to keep the key policy repo rate unchanged at 6.5% in its April monetary policy along with maintaining the stance at ‘withdrawal of accommodation’. India’s real GDP growth for FY25 is projected at 7%. CPI inflation for FY25 is estimated at 4.5%. The RBI doesn’t want to lower its guard on inflation too early and lose the gains yet as it focuses on bringing down inflation to the 4 per cent medium-term target on a sustainable basis. Watch Siddharth Zarabi, Managing Editor, Business Today TV in conversation with Madan Sabnavis, Chief Economist, Bank of Baroda and Saugata Bhattacharya, Economist.