In continuation of this effort, RBI has now proposed to add ‘Podcast’ to its communication toolkit. is So we at RBI thought it was the need of the hour. .
Also, I think we should be ahead of the curve. It is basically a communication tool to interact with a wider segment of people,” Shaktikanta Das said during the post-monetary policy meeting press conference on Friday.
RBI as a central bank is expanding the scope of its public awareness activities including through social media.
RBI uses traditional and new age communication as a key part of its toolkit to ensure transparency and greater impact of its decisions, explain the rationale behind its decisions, and disseminate various awareness messages to a wider audience. Deploying techniques.
Separately, the RBI’s Monetary Policy Committee decided to maintain the repo rate at 6.5 percent for the 11th consecutive time, continuing its neutral monetary policy stance.
The RBI cut its GDP forecast for 2024-25 to 6.6 percent from 7.2 percent. The RBI Governor announced that the CRR has been reduced by 50 basis points from 4.5% to 4%.
The governor had said that it would inject liquidity of Rs 1.15 lakh crore into the banking system. Additionally, the retail inflation estimate for 2024-25 has been raised to 4.8 per cent from 4.5 per cent.