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Business News/ Economy / RBI Monetary Policy 2024 Highlights: RBI keeps repo rate unchanged; FY25 GDP growth projected at 7%; inflation at 4.5%
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RBI Monetary Policy 2024 Highlights: RBI keeps repo rate unchanged; FY25 GDP growth projected at 7%; inflation at 4.5%

RBI MPC Meeting 2024 Highlights: The RBI decided to keep the key policy repo rate unchanged at 6.5% in its April monetary policy along with maintaining the stance at ‘withdrawal of accommodation’. India’s real GDP growth for FY25 is projected at 7%. CPI inflation for FY25 is estimated at 4.5%.

RBI MPC Meeting 2024 Highlights: The Reserve Bank of India (RBI) Governor Shaktikanta Das announced the first monetary policy of the financial year 2024-25 today, April 5. (Photo: PTI)Premium
RBI MPC Meeting 2024 Highlights: The Reserve Bank of India (RBI) Governor Shaktikanta Das announced the first monetary policy of the financial year 2024-25 today, April 5. (Photo: PTI)

RBI MPC Meeting 2024 Highlights: The Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday announced the first monetary policy of the financial year 2024-25. The two-day review meeting of the RBI's Monetary Policy Committee (MPC), the rate-setting panel, commenced on April 3 and concluded today, April 5. The RBI decided to keep the key policy repo rate unchanged at 6.5% for the seventh consecutive time. The six-member MPC headed by Governor Das also decided to maintain the policy stance at ‘withdrawal of accommodation’. The RBI has projected India’s real GDP growth rate for FY25 at 7%. CPI inflation for FY25 is estimated at 4.5%. Stay tuned to our RBI MPC Meeting 2024 Live Updates here:

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