RBI MPC Meeting Highlights of February 2024

Chandreli Chatterjee February 08, 2024

The Reserve Bank of India’s Monetary Policy Committee decided to keep the policy repo rate as unchanged as before which was 6.5%.

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RBI Governor Shaktikanta Das, that RBI will introduce Offline e-rupee transaction soon.

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 RBI have also decided on real GDP growth for FY25 at upto 7%.

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RBI Governor also stated that the lenders have to provide key fact statements regarding loans to retail, MSME borrowers.

 RBI projects retails inflation happened at 5.4% for the current fiscal, 4.5% for 2024-25.