RBI sticks to game plan, keeps rates, stance unchanged

The Reserve Bank of India maintained its current interest rates and monetary stance, emphasizing financial stability. Governor Shaktikanta Das cited concerns about lending practices and the importance of household savings. The RBI kept its FY25 growth and inflation forecasts steady but adjusted short-term projections for Q1FY25 and inflation. Persistent food inflation continues to be a key concern for policy.
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