Tag Archives: GDP growth

The Reserve Bank of India (RBI) Governor, Sanjay Malhotra, expressed optimism about the Indian economy’s prospects, projecting improvement in 2025 despite global uncertainties. In his foreword to the Financial Stability Report released on Monday, Malhotra highlighted strong consumer and business confidence as driving forces for economic recovery.

The Reserve Bank of India (RBI) is expected to maintain the current repo rate of 6.5% during its final monetary policy committee (MPC) meeting of the year next week, according to HDFC Bank. The country's largest private sector bank, in a report, projected that the RBI would hold the repo rate steady, marking the 11th consecutive time since the last hike in February 2023.