The RBI launches podcasts and adjusts monetary policies, including cutting the cash reserve ratio.

The Reserve Bank of India (RBI) has launched podcasts to enhance transparency and better connect with the public, simplifying complex topics. This initiative aims to improve communication and public understanding. The RBI's monetary policy committee kept the repo rate at 6.5%, revised the GDP forecast for 2024-25 to 6.6%, and cut the cash reserve ratio to 4%, infusing Rs 1.15 lakh crore into the banking system.

4 months ago
5 Articles

Further Reading