RBI MPC meeting: Experts predict sustained growth on RBI's projection
RBI MPC meeting outcome: Demand in auto, real estate, hospitality, tourism, etc. is expected to shoot up in next one to two quarters, say experts
RBI MPC meeting outcome: In 5th monetary policy meeting of teh financial year 2023-24, the Reserve Bank of India (RBI) has decided to keep repo rate unchanged at 6.50 per cent. In fact, the RBI raised its gross domestic product (GDP) forecast for current fiscal by 50 bps, which has gone down well among markets and economic experts. They said that RBI hs not dropped even a single negative surprise in this monetary policy committee (MPC) meeting and expected that the RBI MPC meeting outcome would further fuel growth of the national economy.