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Business News/ Economy / RBI Monetary Policy Highlights: Shaktikanta Das delivers ‘hawkish’ pause; retains FY25 GDP growth, inflation forecast

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RBI Monetary Policy Highlights: Shaktikanta Das delivers ‘hawkish’ pause; retains FY25 GDP growth, inflation forecast

25 min read . Updated: 08 Aug 2024, 02:28 PM IST

Ankit Gohel

RBI monetary Policy Highlights: The RBI Governor Shaktikanta Das-headed six-member MPC kept the benchmark repo rates unchanged at 6.5% for the ninth straight meeting.

RBI Monetary Policy Highlights: RBI retains FY25 GDP growth projection at 7.2%, inflation forecast at 4.5% (Photo: PTI) — RBI Monetary Policy Highlights: RBI retains FY25 GDP growth projection at 7.2%, inflation forecast at 4.5% **(Photo: PTI)**

RBI Monetary Policy Highlights: The Reserve Bank of India (RBI) Governor Shaktikanta Das announced the third bi-monthly Monetary Policy for FY25 today, August 8. The RBI Governor-headed six-member Monetary Policy Committee (MPC) decided to keep the benchmark repo rate unchanged at 6.5% and maintain the policy stance of ‘withdrawal of accommodation’. The MPC voted by a 4 to 2 majority to keep the policy rate unchanged. RBI retained real GDP growth estimates for FY25 at 7.2%, and CPI inflation projection at 4.5%. Stay tuned to our RBI policy live blog for the latest updates.

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RBI Monetary Policy Highlights: Shaktikanta Das delivers ‘hawkish’ pause; retains FY25 GDP growth, inflation forecast

RBI monetary Policy Highlights: The RBI Governor Shaktikanta Das-headed six-member MPC kept the benchmark repo rates unchanged at 6.5% for the ninth straight meeting.

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