SP Global Ratings Forecasts 75 Basis Points Repo Rate Cut in India in 2024-25 In a recent forecast by SP Global Ratings, a significant monetary policy move is anticipated for India in the fiscal year 2024-25. The forecast suggests a substantial reduction of 75 basis points in the repo rate, a key monetary policy tool…
RBI’s Monetary Policy Meeting 2024: Key Decisions and Implications Introduction to the RBI Monetary Policy Meeting The Reserve Bank of India (RBI) convened its crucial monetary policy meeting in October 2024, addressing the country’s economic landscape marked by inflationary pressures and the need for sustainable growth. This meeting holds significant importance as it shapes the…
Monetary Policy Tools in India – A Comprehensive Overview India’s monetary policy plays a pivotal role in shaping the country’s economic landscape. The Reserve Bank of India (RBI) employs various tools to regulate the nation’s monetary policy, aiming to maintain stability, control inflation, and stimulate economic growth. Understanding these tools is crucial for aspirants preparing…
RBI Keeps Repo Rate Unchanged at 6.5%: Here’s What It Means for Govt Exam Aspirants The Reserve Bank of India (RBI) has decided to keep the repo rate unchanged at 6.5%. This was announced by RBI Governor Shaktikanta Das on April 6, 2023. The repo rate is the rate at which the central bank lends…
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