The Reserve Bank of India today cut the cash reserve ratio by 50 bps to 4 per cent and kept the policy repo rate under the liquidity adjustment facility unchanged at 6.5 per cent.
The repo rate remains unchanged for the 11th consecutive time since it was raised to 6.5 per cent in February 2023.
Real GDP growth and CPI inflation for FY25 are projected at 6.6 per cent and 4.8 per cent respectively.
The repo rate remains unchanged for the 11th consecutive time since it was raised to 6.5 per cent in February 2023.
Real GDP growth and CPI inflation for FY25 are projected at 6.6 per cent and 4.8 per cent respectively.
