RBI MPC meeting LIVE: Repo rate unchanged at 5.5%, says Governor Sanjay Malhotra


‘Indian economy continues to exhibit strength by registering a higher growth in Q1’

Governor Malhotra said that since the August policy meeting, significant developments on the domestic front, amid a fast-changing global economic environment, have altered the growth and inflation narrative in India. 

He stated, “Since the August policy meeting, significant developments on the domestic front amidst a fast-changing global economic landscape have altered the narrative on growth inflation dynamics in India. Buoyed by a good monsoon, the Indian economy continues to exhibit strength by registering a higher growth in Q1”.