Thread by @CNBCTV18Live

#RBIPolicy | @RBI’s Monetary policy Committee decides to maintain status quo, policy rate (Repo Rate) is unchanged at 6.50%

@RBI @ShereenBhan @latha_venkatesh @_ritusingh @nimeshscnbc @_prashantnair #RBIPolicy | Policy stance is maintained at Withdrawal of Accommodation with MPC voting in favour of this in the ratio of 5:1

@RBI @ShereenBhan @latha_venkatesh @_ritusingh @nimeshscnbc @_prashantnair #RBIPolicy | MSF & Bank rates unchanged at 6.75%

@RBI @ShereenBhan @latha_venkatesh @_ritusingh @nimeshscnbc @_prashantnair #RBIPolicy | GDP growth estimate for FY24 is maintained at 6.50%

@RBI @ShereenBhan @latha_venkatesh @_ritusingh @nimeshscnbc @_prashantnair #RBIPolicy | #GDP growth estimates for Q1 and Q2 are increased while for Q3 & Q4, estimates are are reduced. Overall for FY24, growth estimate is maintained at 6.50%

@RBI @ShereenBhan @latha_venkatesh @_ritusingh @nimeshscnbc @_prashantnair #RBIPolicy | RBI expects #CPI #inflation for FY24 to remain above 5%, estimate is now at 5.1% against 5.2% earlier

@RBI @ShereenBhan @latha_venkatesh @_ritusingh @nimeshscnbc @_prashantnair #RBIPolicy | RBI lowers #CPI #inflation forecast for Q1 and Q2 while for Q3 and Q4 estimates are maintained. Overall for FY24, inflation is now seen at 5.1%