LIVE: RBI Governor Shaktikanta Das On Economic Outlook & MPC Interest Rate Decision

LIVE: RBI Governor Shaktikanta Das On Economic Outlook & MPC Interest Rate Decision

#reservebankofindia #shaktikantadas #rbigovernor #reporate RBI Governor Shaktikanta Das discussed the economic outlook and the Monetary Policy Committee's (MPC) decision to keep the key interest rate unchanged at 6.5%, as anticipated. This decision follows a three-day MPC meeting, the first since the appointment of three new external members by the government. Das emphasized the importance of evaluating the current macroeconomic conditions and future outlook, with five out of six committee members supporting the decision to maintain the rate. He also noted early signs of a slowdown in the Indian economy, although the policy stance has been revised to "neutral," signaling potential rate cuts in the future to stimulate growth. This cautious approach reflects India's successful response to the economic challenges posed by the COVID-19 pandemic, allowing flexibility in managing growth risks while ensuring inflation remains in check. ----------------------- Thank You for watching! Do not forget to Like | Comment | Share ----------------------- About the channel Watch us for the best news and views on business, stock markets, crypto currencies, consumer technology, the world of real estate, bullion, automobiles, start-ups and unicorns and personal finance. Business Today TV will also bring you all you need to know about mutual funds, insurance, loans and pension plans among others. Follow us at: Website: https://www.businesstoday.in WhatsApp: whatsapp.com/channel/0029Va4Hd309hXFCqY62yD2I Facebook:   / businesstoday   twitter:   / business_today   Instagram:   / business_today