RBI’s steady policy approach

RBI Holds Repo Rate at 6.5%, Cuts CRR to Boost Liquidity

The Reserve Bank of India (RBI) decided to hold the repo rate at 6.5%, as announced by Governor Shaktikanta Das on December 6, 2024. In a move to boost liquidity, the RBI also reduced the cash reserve ratio (CRR) by 50 basis points to 4%. Inflation Challenges and Slowing Growth...