{"id":2011,"date":"2024-04-05T09:01:20","date_gmt":"2024-04-05T09:01:20","guid":{"rendered":"https:\/\/readnownews.in\/?p=2011"},"modified":"2026-02-26T00:42:35","modified_gmt":"2026-02-25T19:12:35","slug":"rbi-maintains-6-5-repo-rate-fy25","status":"publish","type":"post","link":"https:\/\/readnownews.in\/en\/rbi-maintains-6-5-repo-rate-fy25\/","title":{"rendered":"RBI maintains 6.5% repo rate; FY25 GDP growth forecast at 7%"},"content":{"rendered":"<h1 class=\"title\"><a href=\"https:\/\/rbi.org.in\/\" target=\"_blank\" rel=\"noopener\">RBI<\/a> Monetary Policy updates | Policy repo rate unchanged at 6.5%; real GDP growth for FY25 projected at 7%<\/h1>\n<p>Governor Shaktikanta Das announced that the <a href=\"https:\/\/rbi.org.in\/\" target=\"_blank\" rel=\"noopener\">RBI<\/a>&#8216;s Monetary Policy Committee has decided to keep the policy repo rates steady at 6.5%. The RBI also affirmed its GDP growth projections for the 2024-25 fiscal year, forecasting 7% growth for the year overall, with specific estimates of 7% for the June quarter, 6.9% for the September quarter, and 7% for both the third and fourth quarters. These projections are slightly lower than the 7.6% expansion forecasted for the previous fiscal year. In February, the Consumer Price Index-based inflation rate was recorded at 5.1%. The two-day MPC review meeting that began on April 3 concluded today, maintaining the RBI&#8217;s stance unchanged since the last review in February 2024. This marks the sixth consecutive MPC meeting where the central bank has opted to keep the repo rate unchanged.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-2012\" src=\"https:\/\/readnownews.in\/wp-content\/uploads\/2024\/04\/BLEFTB06_Shasikanta_das_5.jpg\" alt=\"RBI\" width=\"1200\" height=\"675\" \/><\/p>\n<p>&nbsp;<\/p>\n<h2>RBI : A look at how India\u2019s GDP growth rate has changed<\/h2>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-2013\" src=\"https:\/\/readnownews.in\/wp-content\/uploads\/2024\/04\/WhatsApp-Image-2024-04-05-at-11.42.49-AM.jpeg\" alt=\"rbi\" width=\"1200\" height=\"675\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<h2>RBI:A look at how the Forex reserves have changed over the last three years<\/h2>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-2014\" src=\"https:\/\/readnownews.in\/wp-content\/uploads\/2024\/04\/Forex-RBI-till-March-29-2024.jpeg\" alt=\"RBI\" width=\"1200\" height=\"827\" \/><\/p>\n<h3 class=\"sub-title\">Highlights of RBI\u2019s first bi-monthly policy statement for FY\u201925<\/h3>\n<div class=\"fact-element\">\n<ul class=\"article-body article-bullet-list\">\n<li>Benchmark interest rate or repo rate kept unchanged at 6.5%<\/li>\n<li>GDP growth for 2024-25 retained at 7%, lower than 7.6% last fiscal<\/li>\n<li>Retail inflation to average 4.5% this fiscal, lower than 5.4% in FY25<\/li>\n<li>Net inflows by foreign porfolio investors (FPI) stood at $41.6 billion during 2023-24, the second highest level of FPI inflow after 2014-15<\/li>\n<li>Current Account Deficit in 2024-25 to remain at a level that is both viable and eminently manageable<\/li>\n<\/ul>\n<ul class=\"article-body article-bullet-list\">\n<li>The Indian rupee remained largely range-bound as compared to its emerging market peers as well as a few advanced economies during 2023-24. INR most stable among major currencies in FY24<\/li>\n<li>Next monetary policy committee (MPC) meeting scheduled during June 5 to 7, 2024.<\/li>\n<\/ul>\n<p>&#8211;\u00a0<i>PTI<\/i><\/p>\n<\/div>\n<p>&nbsp;<\/p>\n<p>For more updates click on\u00a0<a href=\"https:\/\/readnownews.in\/en\/\">https:\/\/readnownews.in\/<\/a><\/p>\n<p>For trending news click on\u00a0<a href=\"https:\/\/readnownews.in\/en\/category\/trending\/\">https:\/\/readnownews.in\/category\/trending\/<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>","protected":false},"excerpt":{"rendered":"<p>RBI Monetary Policy updates | Policy repo rate unchanged at 6.5%; real GDP growth for FY25 projected at 7% Governor Shaktikanta Das announced that the RBI&#8216;s Monetary Policy Committee has decided to keep the policy repo rates steady at 6.5%. The RBI also affirmed its GDP growth projections for the 2024-25 fiscal year, forecasting 7% [&hellip;]<\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12,4],"tags":[],"class_list":["post-2011","post","type-post","status-publish","format-standard","hentry","category-home","category-trending"],"_links":{"self":[{"href":"https:\/\/readnownews.in\/en\/wp-json\/wp\/v2\/posts\/2011","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/readnownews.in\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/readnownews.in\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/readnownews.in\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/readnownews.in\/en\/wp-json\/wp\/v2\/comments?post=2011"}],"version-history":[{"count":2,"href":"https:\/\/readnownews.in\/en\/wp-json\/wp\/v2\/posts\/2011\/revisions"}],"predecessor-version":[{"id":2016,"href":"https:\/\/readnownews.in\/en\/wp-json\/wp\/v2\/posts\/2011\/revisions\/2016"}],"wp:attachment":[{"href":"https:\/\/readnownews.in\/en\/wp-json\/wp\/v2\/media?parent=2011"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/readnownews.in\/en\/wp-json\/wp\/v2\/categories?post=2011"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/readnownews.in\/en\/wp-json\/wp\/v2\/tags?post=2011"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}