RBI MPC keeps FY25 GDP forecast unchanged at 7%, flags worries of high global debt spilling over

The Reserve Bank of India's Monetary Policy Committee maintains a positive outlook for FY25, retaining the real GDP growth forecast at 7%. Q1FY25 growth is expected at 7.1%, Q2 at 6.9%, and Q3/Q4 at 7% each. Benchmark lending rates remain steady at 6.5% for the seventh consecutive time. Governor Das highlights favorable growth and inflation dynamics
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