RBI retains repo fee unchanged at 6.5 laptop

Headline inflation is above the goal of 4 per cent and anticipated to stay so throughout remainder of the 12 months says, RBI Governor Shaktikanta Das.
RBI Monetary Policy Committee decides to maintain repo fee unchanged at 6.5 laptop: Governor Shaktikanta Das.
Indian financial system and monetary sector stand robust and resilient amidst unprecedented international headwinds says, RBI Governor Shaktikanta Das.
MPC decides to stay focussed on withdrawal of lodging of coverage stance
Close and continued vigil on evolving inflation is totally crucial
Pace of world financial exercise to decelerate attributable to geopolitical scenario.
MPC will proceed to take coverage actions promptly and appropriately to maintain inflation expectations firmly anchored.
Headline inflation is above the goal of 4 per cent and anticipated to stay so throughout remainder of the 12 months.
Domestic demand situation stays supportive of progress; rural demand on revival path.
Forex reserves are at comfy ranges.
GDP progress in Q1 this fiscal 12 months anticipated at 8 laptop.
RBI retains progress projection at 6.5 laptop for FY’24, expects 8 laptop progress in Q1, 6.5 laptop in Q2, 6 laptop in Q3 and 5.7 laptop in This autumn.
RBI lowers retial inflation projection to five.1 laptop throughout FY’24 from earlier estimate of 5.2 laptop.