RBI retains 7% GDP growth forecast for FY25 – RBI Governor Shaktikanta Das

[ad_1] The Reserve Bank on Friday retained the GDP growth forecast of 7 per cent for the 2024-25 financial year, lower than the 7.6 per cent expansion estimated for FY24. In its February monetary policy, the RBI had projected the...

MPC keeps repo rate unchanged at 6.50% in its first meeting of FY25

[ad_1] The RBI’s six-member monetary policy committee kept the policy repo rate on hold at 6.50 per cent at its first meeting of FY25 as retail inflation remains above its 4 per cent target. It persisted with its “withdrawal of...

Monetary policy has to remain in a risk minimisation mode: RBI bulletin

[ad_1] Monetary policy has to remain in a risk minimisation mode, guiding inflation towards the 4 per cent target while sustaining the momentum of growth, according to an article in RBI’s latest monthly bulletin. “Even as inflation is on the...