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