The Reserve Bank of India (RBI) is gearing up for its inaugural monetary policy meeting for the financial year 2024-25 (FY25), led by Governor Shaktikanta Das. Scheduled for April 5, experts anticipate the RBI to maintain the repo rate at 6.5% and focus on stabilizing inflation towards the 4% target. Here’s an overview of the RBI Monetary Policy Committee (MPC) meeting, its significance, and the expected outcomes: MPC Leadership: Chaired by Governor Shaktikanta Das, the six-member MPC will assess economic indicators, including inflation and growth metrics. Other members include Shashanka Bhide, Ashima Goyal, Jayanth R Varma, Rajiv Ranjan, and Michael Debabrata Patra.
RBI’s First MPC Meet for FY25: What to Expect
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