June 2024 RBI MPC Meeting Highlights

June 2024 RBI MPC Meeting Highlights: 7.2% GDP growth is predicted for FY25; the RBI maintains the repo rate at 6.50%.

Highlights of the June 2024 RBI MPC Meeting on Monetary Policy: In its first meeting following the Lok Sabha Elections of 2024, the Monetary Policy Committee (MPC) of the Reserve Bank of India decided to maintain the repo rate at 6.5%. In its June 2024 meeting, the RBI opted to maintain the key policy rate for the eighth time in a row. The benchmark interest rate was last adjusted by the MPC in February 2023. For FY25, real GDP growth is projected to be 7.2%.qouting byhttps://www.thehindubusinessline.com/

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