Bharat Express

Monetary Policy

The Indian economy continues to show resilience despite global economic challenges, as per RBI latest monthly bulletin.

A Bank of Baroda report projects India's GDP growth to accelerate in Q4 FY25, driven by key economic indicators.

As per a Crisil report, India’s economic expansion is becoming more balanced, with private consumption playing a larger role in GDP growth.

The RBI has opted to keep the repo rate steady at 6.5% for the 11th straight time, reinforcing its neutral monetary policy stance.

The US Federal Reserve’s second 25-basis-point rate cut to 4.75% boosts optimism in emerging markets, including India.

In Asian markets, Singapore, South Korea, Malaysia, Tokyo, and Thailand were trading higher, while Shanghai, Hong Kong, Indonesia, and Taiwan were trading lower

The Reserve Bank has raised the main policy rate (repo) by 250 basis points since May 2022

In the early trade, the 30-share BSE Sensex gained 257.41 points to 65,888.98 points..

The RBI has brought down the liquidity surplus in the banking system to below 2 trillion rupees ($24.19 billion) from around 9-10 trillion rupees..

Shaktikanta Das, the Governor of Reserve Bank of India, announced the bi-monthly monetary policy today