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November 22, 2024
Ultimate Gujarat
BusinessGujaratNational

RBI Monetary Policy

Sujata Guhathakurta, President, Debt Capital Markets and Infrastructure Financing Business, Kotak Mahindra Bank

The RBI’s decision to maintain the repo rate steady for the eighth consecutive time reaffirms its focus on achieving a 4% inflation target sustainably. The decision reflects a prudent stance in balancing growth concerns and inflationary pressures. With India’s GDP growth momentum remaining strong, the RBI is ensuring a balanced approach to fostering economic growth and financial stability.”

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