Mirror Now
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Breaking News | RBI Maintains Status Quo In Policy Rate; GDP Growth For FY25 Projected At 7%
Posted
February 8, 2024
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4,652
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February 8, 2024
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3:49Now Playingbreaking News: The decisions made during the MPC's final bi-monthly meeting of FY24 were released today by RBI Governor Shaktikanta Das. The Reserve Bank kept the repo rate at 6.5 percent while staying the course. The benchmark rate was last adjusted in February 2023, when it was increased from 6.25 percent to 6.25 percent in response to inflationary worries mostly stemming from global economic dynamics. The RBI forecasted a 7% GDP growth for the 2024–25 fiscal year, which is less than the 7.3% expansion anticipated for the current fiscal year. Keep an eye on Mirror Now for the latest developments.
#rbi #shaktikantadas #gdp #inflation #fiscalyear #reservebankofindia #fiscalyear #mpc #mirrornow #breakingnews #englishnews #latestnews #latestupdates
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