Shaktikanta Das faces twin storms of Indian economy in his likely swan song policy
RBI MPC Policy: The Reserve Bank of India maintained its key interest rate and stance while lowering the cash reserve ratio to address liquidity issues and a challenging growth-inflation dynamic. The RBI lowered its GDP growth forecast for FY25 to 6.6% and raised its inflation projection to 4.8%, acknowledging economic headwinds while emphasizing India's overall stability and growth potential.