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RBI MPC Meeting at a Glance: Policy rate, inflation aim, growth target, liquidity measures, UPI changes, paytm plans from RBI

The Reserve Bank of India s Governor-led Monetary Policy Committee (MPC) concluded its recent meeting, maintaining the repo rate at 6.5%. This decision comes amidst concerns over inflation, with retail inflation remaining near the upper end of the central bank s comfort zone. Key highlights include the forecasted GDP growth rate of 7% for FY25, the projection of CPI inflation at 4.5% for the same period, and the decision to keep inflation forecast unchanged at 5.4% for the fiscal year. ....

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