Mumbai/IBNS, Feb. 6 -- The Reserve Bank of India (RBI) on Friday kept the repo rate unchanged at 5.25 per cent following the Monetary Policy Committee (MPC) meeting.

The meeting was held under the chairmanship of RBI Governor Sanjay Malhotra from February 4 to 6.

The central bank said real gross domestic product (GDP), as per the First Advance Estimates (FAE), is projected to grow at 7.4 per cent year-on-year in 2025-26.

"Private consumption and fixed investment contributed significantly to overall growth. Net external demand, however, remained a drag, with imports outpacing exports. On the supply side, real GVA growth of 7.3 per cent is driven by a buoyant services sector, a resilient agricultural sector and a revival in manufacturing...