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Quote On RBI Monetary Policy by Puneet Pal, Head- Fixed Income, PGIM India Mutual Fund.
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Below the Quote On RBI Monetary Policy by Puneet Pal, Head- Fixed Income, PGIM India Mutual Fund.
"Today's MPC meeting was on expected lines with both the policy rates and the monetary stance unchanged though this policy takes a step closer to monetary easing with two members of the MPC voting for a cut in policy rates. RBI maintained its inflation projection for FY25 at 4.50% but increased its GDP growth projection of FY25 to 7.20% from 7% earlier".
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