RBI_ Monetary policy

8th meeting day
9th oct Announcement day

Money control - updated

Change in RBI policy stance likely, but rate cut not expected in Oct MPC meet

India’s headline consumer inflation grew 3.65 percent year-on-year (YoY) in August 2024 as against 3.54 percent in July 2024. Food inflation stood at 5.66 percent in August 2024. The headline inflation was below 4 percent for the last two months primarily due to a favourable base effect, but is expected to inch up again in September 2024 as the effect weakens.

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