RBI announced its fifth bi-monthly monetary policy for FY-25. The Monetary Policy Committee decided to keep the repo rate the same at 6.5%. The Cash Reserve Ratio (CRR) is slashed by 50 basis points to 4%. FY25 GDP growth estimates were cut to 6.6% from 7.2% earlier. The committee’s neutral stance reflects a cautious approach in balancing persistent inflationary pressures with the need to foster sustainable growth.

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