New Delhi, June 5 (IANS) The RBI’s repo rate decision reflects the wait-and-watch approach to assess the evolving impact of external developments and their implications for domestic growth and inflation before going for interest rate adjustments, industry leaders and economists said on Friday.Amid elevated energy prices, risk of below-normal monsoon and persistent supply-side bottlenecks, the RBI also revised its FY27 GDP growth forecast downward to 6.6 per cent, from 6.9 per cent earlier, wit…
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