Announcing the decision, Governor Shaktikanta Das said the Standing Deposit Facility (SDF) rate remains at 6.25 per cent and the Marginal Standing Facility (MSF) rate and the Bank Rate at 6.75 per cent.
He announced that the RBI has also cut the Cash Reserve Ratio (CRR) by 50 basis points to 4 per cent, and said the measure will lead to the infusion of Rs 1.16 trillion into the system.
On inflation, the Governor said for the Financial Year 2024-2025, the (Consumer Price Index) CPI will be 4.8 per cent. For Q3 of FY25, it is projected at 5.7 per cent; while for the Q4, it is 4.5 per cent.
Bu hikaye The Statesman dergisinin December 07, 2024 sayısından alınmıştır.
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Bu hikaye The Statesman dergisinin December 07, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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