The bi-monthly monetary policy of Reserve Bank of India (RBI) was announced on December 06, 2024. Here are some of the highlights of the monetary policy announcement. Rates Change Rate Policy repo rate Unchanged 6.50% Standing deposit facility (SDF) rate 6.25% Marginal standing facility (MSF) rate 6.75% Bank rate 6.75% Monetary policy stance ‘Neutral’ and to remain unambiguously focused on a durable alignment of inflation with the target, while supporting growth. Domestic Economy GDP growth projection CPI inflation projection FY 2024-25 6.6% 4.8% Q3 of FY 2024-25 6.8% 5.7% Q4 of FY 2024-25 7.2% 4.5% Q1 of FY 2025-26 6.9% 4.6% Q2 of FY 2025-26 7.3% 4.0% Growth in real GDP in Q2 at 5.4% turned out to be much lower than anticipated. This decline in growth was led mainly by a substantial deceleration in industrial growth due to subdued performance of manufacturing companies (petroleum products, iron and steel and cement), contraction in mining activity ...