RBI MPC 2024 | Exclusive News

New Delhi, October 09, 2024 Taking various factors into consideration the MPC has projected real GDP growth for 2024-25 to 7.2%. This number remains unchanged from the last projection. Also, taking various factors into consideration, the CPI inflation for 2024-25 has been projected at 4.5%, the same as projected in the previous policy. Governor Shaktikanta Das announced the central bank’s decision on policy rates in the RBI’s concluding day MPC meeting on Wednesday. “The Flexible monitory policy framework has completed 8 years. This is major structural reform, “ Mr. Das said in a statement. The RBI announced a balanced monetary policy, opting to keep interest rates unchanged while shifting its stance to neutral. The overall tone remained positive from the market’s perspectiv...

New Delhi, August 09, 2024. RBI governor Shaktikanta Das announced Monetary Policy decision on (August 8). The Monetary Policy Committee (MPC) held its third bi-monthly policy meeting from August 6 to August 8. RBI kept its key interest rate unchanged, as widely expected, as the central continued its efforts to sustainably lower inflation towards its 4% target. Anu Aggarwal, Head – Corporate Banking, Kotak Mahindra Bank said, “RBI's decision to hold the repo rate at 6.5% for the ninth consecutive time was on expected lines amid persistent inflationary pressures with June inflation coming in at 5.1%, and food in particular running away at 8.4%. We need to watch out for Fed action in September when a rate cut is near certain which will set the stage for our own likely cut by ...

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RBI MPC 2024: Policy rate unchanged at 6.5% for 10th time in a row

RBI MPC 2024 : Repo rate unchanged at 6.5% for 9th time in a row