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RBI Monetary Policy 2024: What is Positive?, Negative? and Neutral?

 Positive:

  • India's economic growth is projected to be strong (7.2% for FY25).
  • Inflation is expected to come down to 4.5% for FY25.
  • The banking system is sound and resilient.
  • The rupee is stable.
  • India's foreign exchange reserves are at a record high.
  • RBI is confident about meeting external financing requirements.

Neutral:

  • There is a mention of some correction in inflation expected in the second quarter.
  • There is a mention of Gross Foreign Direct Investment being robust but net FDI moderating.

Negative:

  • There is no negativity expressed in the meeting.

Overall, the excerpt highlights the RBI's focus on managing inflation and its confidence in India's economic growth and external stability.



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