Quick Summary
Monetary Policy Decisions After assessing the current and evolving macroeconomic situation, the Monetary Policy Committee (MPC) at its meeting today (December 6, 2024) decided to: Keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.50 per cent. Consequen
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FAQ :
The Monetary Policy Committee decided to keep the policy repo rate unchanged at 6.50 per cent.
The RBI has cut the Cash Reserve Ratio (CRR) to 4 per cent.
The real GDP growth for 2024-25 is projected at 6.6 per cent.
The MPC decided to continue with the neutral monetary policy stance.
The minutes of the MPC's meeting will be published on December 20, 2024.
The next meeting of the MPC is scheduled during February 5 to 7, 2025.
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