RBI Holds Key Rates Steady, Projects Robust GDP Growth, and Eyes Inflation Dynamics in FY24-FY25
The Reserve Bank of India (RBI) has announced its decision to maintain the key lending rate (repo rate) at 6.5%, with a focus on the ‘withdrawal of accommodation’ stance. RBI Governor Shaktikanta Das stated that this decision, supported by five out of six committee members, is influenced by the ongoing transmission of the cumulative 250…
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