RBI Monetary Policy: FY25 GDP Growth Pegged at 6.6%

RBI Monetary Policy: FY25 GDP Growth Pegged at 6.6%

Governor Shaktikanta Das of the Reserve Bank of India (RBI) stated on Friday that the real GDP growth for 2024–2025 is now anticipated to be 6.6%, with Q3 and Q4 growth rates of 6.8% and 7.2%, respectively. For the current fiscal year, the RBI had previously predicted that the Indian economy would rise by 7.2%. … Read more

RBI Infuses ₹25,000 Crore via VRR: A Big Move to Boost Liquidity!

RBI Infuses ₹25,000 Crore via VRR: A Big Move to Boost Liquidity!

The Reserve Bank of India (RBI) injected funds into the banking sector on Friday, with the weighted average call rate, a measure of short-term borrowing rates, rising 23 basis points above the policy repo rate to 6.73%. According to analysts, the RBI used a variable rate repo auction (VRR) to inject Rs 25,000 crore in … Read more