NEW DELHI, Aug. 6 (Xinhua) -- India's central bank Reserve Bank of India (RBI) Wednesday announced it has kept the repo rate unchanged at 5.5 percent.
Repo rate is the rate at which the central bank lends money to commercial banks in the event of shortfall of funds.
The projection for real GDP growth for 2025-26 has been retained at 6.5 percent and CPI inflation for 2025-26 is projected at 3.1 percent. ■
