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RBI may continue status quo on interest rate & moderate GDP growth forecast, say experts

Millennium Post Delhi

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December 02, 2024

The RBI's Monetary Policy Committee (MPC) is scheduled to meet on Dec 4 to 6, 2024

RBI may continue status quo on interest rate & moderate GDP growth forecast, say experts

NEW DELHI: The RBI is likely to keep the benchmark interest rate unchanged for one more time in its bilateral monetary policy review later in the week as inflation has breached its upper tolerance limit and may also moderate the growth forecast given the disappointing second quarter GDP numbers, experts say.

Reserve Bank Governor-headed six-member Monetary Policy Committee (MPC) is scheduled to meet on December 4 to 6, 2024. The decision of the rate-setting panel will be announced on December 6 by Governor Shaktikanta Das.

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