RBI MPC Meeting: Key Highlights Of Governor Shaktikanta Das Address

Outlook Business Desk

Repo Rate Unchanged

RBI MPC has kept repo rate unchanged for the 7th consecutive time at 6.5%.

RBI

Inflation Projection

RBI MPC projected that inflation will be at 4.5% in the financial year 2025.

Food Inflation

Decision on SDF, MSF and Bank Rates

MPC has decided to keep standing deposit facility rate at 6.25%. Marginal standing facility and bank rates will remain at 6.75%.

RBI Governor Shaktikanta Das

Rural Economy Catching Up

Das said strong rabi crop production and good monsoon prediction will aid rural consumption. This is expected to boost growth in FY25

Agriculture

Strong Growth

RBI has projected 7% GDP growth in the current financial year. As per estimates, last financial year saw 7.6% GDP growth

Indian Economy
RBI to keep Continuous Vigil to mitigate Risks