RBI Monetary Policy: RBI leaves inflation projection for FY25 unchanged at 4.5%

RBI MPC Meeting Inflation Target: The Reserve Bank of India, maintaining an inflation forecast of 4.5%, kept its key lending rate steady at 6.5%. Despite food price increases and global tensions impacting crude prices, the decision focuses on price stability and growth. RBI Governor Shaktikanta Das highlighted recent monsoon developments and core inflation moderation as key influences.