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7% is not an adequate growth rate… India ought to be growing more rapidly because of the demographic dividend: Jayanth R Varma

Monetary policy should be wary of keeping rate so tight; favourable monsoon should reduce severity of food price shocks, says MPC member Varma ....

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Food inflation still a concern for RBI, price stability needed for high growth: Minutes of MPC meeting

As per minutes, RBI Governor Shaktikanta Das said the success in controlling inflation has to be preserved and taken forward to achieve a 4 per cent inflation target on a durable basis. ....

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Chart of the Day: How credit growth floated up through underpricing of risks in FY24

The difference between the weighted average lending rate of fresh loans to small businesses and the repo rate was 4.04 percentage points in April 2022 which narrowed to 3.20 percentage points in February 2024 ....

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RBI MPC highlights: FY25 growth forecast at 7%, CPI seen at 4.5%

RBI Governor Shaktikanta Das also stressed on the need to remain vigilant on food prices, given the forecast of higher temperatures between April-June. He also said that the impact of reduction in fuel prices on inflation will deepen in the coming months. ....

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RBI Monetary Policy 2024: No relief for home loan borrowers as key repo rate unchanged

The Reserve Bank of India (RBI) Governor Governor Shaktikanta Das announced that the key repo rate has been kept unchanged at 6.5%. ....

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