The RBI’s Monetary Policy Committee (MPC) under Governor Shaktikanta Das will announce its decision on interest rates today, marking the first policy review of FY25. Jayanth Varma’s call for a rate cut contrasts with expectations of unchanged rates in a Business Standard poll. Aditi Nayar of ICRA anticipates a status quo, citing recent GDP growth and CPI figures. The MPC aims to balance growth and inflation within a defined target. Stay tuned for the announcement at 10:00 am, streamed on RBI’s official platforms.
RBI Monetary Policy Update: What to Expect from FY25’s First Meeting
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