RBI to announce monetary policy on 6 December 2024
after close1 source ↓written by the desknot a recommendation
- after a three-day
- 6 December 2024
- to remain
- 6.5%
The Reserve Bank of India (RBI) will reveal its monetary policy decision on 6 December 2024 after a three-day Monetary Policy Committee meeting led by Governor Shaktikanta Das. With inflation pressures persisting and GDP growth slowing, the repo rate is expected to remain at 6.5%, while adjustments to the Cash Reserve Ratio may be considered.
This decision is crucial for traders as it could influence market sentiment and liquidity conditions in the economy.
Not investment advice. For informational purposes only.