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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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RBI's MPC starts deliberating on next monetary policy - The Hindu BusinessLine


RBI’s MPC starts deliberating on next monetary policy
PTI
Mumbai |
Updated on
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Will announce outcome of the deliberations on April 7; experts feel RBI will maintain status quo on policy rates, policy stance to remain accommodative
Reserve Bank of India Governor Shaktikanta Das-headed rate-setting panel MPC started its three-day deliberations on the next monetary policy on Monday amid a sudden surge in Covid-19 cases and the government’s recent mandate asking the central bank to keep retail inflation around 4 per cent.
The RBI will announce the resolution of the Monetary Policy Committee (MPC) on April 7.
Experts are of the view that the RBI will maintain status quo on policy rates at its first bi-monthly monetary policy review for the current fiscal. It is also likely to maintain an accommodative policy stance. ....

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