RBI To Announce First Bi-Monthly Monetary Policy For Financial Year 2024-25

RBI To Announce First Bi-Monthly Monetary Policy For Financial Year 2024-25

Daily Current Affairs   /   RBI To Announce First Bi-Monthly Monetary Policy For Financial Year 2024-25

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Category : Business and economics Published on: April 06 2024

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  • The Reserve Bank of India (RBI) is set to announce its first Bi-Monthly Monetary Policy of the Financial Year 2024-25 on April 5.
  • The Monetary Policy Committee (MPC), headed by Reserve Bank Governor Shaktikanta Das, began its three-day deliberation to decide on key interest rates and other monetary policy measures.
  • Economists anticipate that the RBI will likely maintain the status quo on the key interest rate, focusing more on inflation control, as it has done in its last six bi-monthly policies since February 2023, when the repo rate was last hiked to 6.5 per cent.
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