❖ The RBI’s Monetary Policy Committee (MPC) decided to keep the benchmark repo rate unchanged at 6.5% for the eight consecutive time.

❖ It also decided to continue with its stance of ‘withdrawal of accommodation’.

❖ RBI raised its GDP growth forecast for FY25 to 7.2% from 7% earlier.

❖ The central bank retained FY25 inflation forecast at 4.5%.