The Reserve Bank of India (RBI) has decided to keep the repo rate at 6.5 percent for the 11th consecutive time, indicating a potential rate cut in February.

The RBI's monetary policy committee (MPC) has adjusted its inflation forecast for FY25, raising it to 4.8 percent from 4.5 percent.

Additionally, the RBI has revised its GDP growth projection for the fiscal year ending March 2025, reducing it to 6.6 percent from the previous estimate of 7.2 percent due to disappointing economic data from the second quarter.

These changes reflect the central bank's response to current economic conditions and inflationary pressures.

Fixed-income investors are advised to reconsider their positions in light of these developments, especially with the expectation of a possible rate cut in the near future.