💰 RBI Monetary Policy 2023 🎯


1️⃣ RBI has hiked the repo rate by 25 bps to 6.50% with Immediate effect.

2️⃣ RBI's MPC to focussed on the withdrawal of the accommodative policy. 

3️⃣  RBI's GDP growth estimates at 6.4% for 2023-24.

4️⃣ RBI's cuts inflation projection for FY23 to 6.5% from 6.7%, core inflation remains a concern

5️⃣ RBI's restored the pre-pandemic trading hours for government securities from 9 am to 5 pm IST.


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