RBI MPC announces more than a stance shift: Here are the new plans

  • Posted on October 9, 2024
  • By Business News Today
  • 1 Views
RBI MPC announces more than a stance shift: Here are the new plans

The Reserve Bank of India, led by Governor Shaktikanta Das, maintains the repo rate at 6.5% and shifts its stance to neutral. Key measures include banning pre-payment penalties on certain loans, proposing guidelines for UCB capital-raising, and initiating the Reserve Bank Climate Risk Information System.
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