Cautious RBI guides for key policy rates to stay higher for longer
Growth projection for FY24 remains unchanged at 6.5%, as the RBI continues to expect that growth will be led by sustained buoyancy in services, revival in rural demand, consumer and business optimism, government’s thrust on capex, and healthy balance sheets of banks and corporates.
Growth projection for FY24 remains unchanged at 6.5%, as the RBI continues to expect that growth will be led by sustained buoyancy in services, revival in rural demand, consumer and business optimism, government’s thrust on capex, and healthy balance sheets of banks and corporates.