Monetary policy, structural factors too behind slowdown
Financial Express Lucknow|December 27, 2024
"Credit slowed a little too much and quickly in FY25"
FE BUREAU

The Finance Ministry on Wednesday said the Reserve Bank of India's monetary policy stance and macro-prudential measures may have contributed to the demand slowdown in the economy.

However, the possibility that structural factors may also have contributed to the slowdown in H1 should not be ruled out, the ministry said in the monthly economic review for November.

It is "good news" that the RBI lowered the cash reserve ratio (CRR) from 4.5% to 4% in its policy meeting in December 2024, the ministry said, adding that it should help boost credit growth, which has slowed a little too much and quickly in FY25.

هذه القصة مأخوذة من طبعة December 27, 2024 من Financial Express Lucknow.

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هذه القصة مأخوذة من طبعة December 27, 2024 من Financial Express Lucknow.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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