RBI MONETARY POLICY: TARGETING INFLATION ALONG WITH BALANCING GROWTH
- Credit Rating Agency in India
- RBI Monetary Policy
- RBI MONETARY POLICY: TARGETING INFLATION ALONG WITH BALANCING GROWTH
The RBI Monetary Policy Committee (MPC) decided by a majority to keep the policy repo rate unchanged at 6.50 per cent in the 6 December 2024 monetary policy. Subsequently, the standing deposit facility (SDF) rate remains at 6.25 per cent and the marginal standing facility (MSF) rate and the Bank Rate at 6.75 per cent. Further, the MPC decided to maintain the stance to ‘neutral’ in line with their focused approach towards a durable alignment of inflation with the target, while supporting growth.