Support and meeting of RBI Policy Committee begins, focus on controlling inflation to stabilize the economy

Bajaj Broking said the RBI’s objective is to maintain economic growth while controlling inflation. The brokerage report added, “India’s GDP is strong. For this, a policy balance between growth and inflation is essential. A neutral policy approach should reflect a balanced economy

This MPC meeting is the fifth meeting of the financial year 2024-25. In the previous meeting, the repo was kept at 6.5% growth and the policy stance was kept at ‘neutral’.