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IamSMEofIndia Business Update |
RBI keeps repo rate unchanged at 6.50% The repo rate is the rate at which RBI lends money to banks. RBI has announced continuation of withdrawal of accommodation policy. It means that RBI shall continue to tighten the money supply in the market to check inflation. One of the key highlights of the first monetary policy for the financial year 24-25 was the RBI's projection of India's real GDP growth rate at 7% for the current fiscal. This growth outlook factors in the resilience of the Indian economy amid global headwinds. On the inflation front, the RBI estimated the Consumer Price Index (CPI) based inflation rate for FY25 at 4.5%. Anchoring inflation within the mandated band of 2-6% remains a key priority for the RBI's monetary policy actions. Join the Movement. Feel the Pride! Proud to say IamSMEofIndia |
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Integrated Association
of Micro Small
& Medium Enterprises of
India
(Not-for-Profit
Institution for
Growth
& Development of
MSMEs)
IamSMEofIndia,
Sector 11, Mathura
Road,
Faridabad-
121006, Haryana,
India
Ph: +91-9711101666
(EVP)
; +91-9711123111
(Executive
Secretary)
E-mail: info@iamsmeofindia.com ; Website: www.iamsmeofindia.com
CIN
NO :
U73100HR2009NPL039044
IamSMEofIndia is
India's
first "GOLD
GRADE" National
Level Business
Member
Organisation Accredited by
NABET-QCI
Adjudged No.1 at
the National
Level as "The
Most Responsible
Business Member
Organisation"