RBI raises repo rate by 25 bps, revises growth and inflation forecasts upward

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The Reserve Bank of India increased its key repo rate by 25 basis points to 5.50%. This decision was made due to robust economic growth and persistent inflationary pressures. The central bank also raised its GDP growth forecast for the 2026-27 fiscal year to 7.1%. Simultaneously, it revised its inflation projection upward to approximately 5.8%.

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