By CNBCTV18.COM |  Dec 6, 2024 11:16 AM IST (Updated)

RBI MPC Meeting Live Updates: Following his last RBI MPC policy meeting until his term ends on December 10, Governor Shaktikanta Das announce maintaining a status quo on policy rates though the panel decided to cut the cash reserve ratio (CRR) to 4% in line CNBC-TV18 poll expectations. The RBI MPC policy announcement comes amid growing chorus for a rate cut, including from government officials, on the back of slowdown in GDP growth and increased inflation. Track all RBI MPC Meeting Live Updates here

RBI MPC Meeting Live Updates: The MPC has decided to cut the cash reserve ratio (CRR) to 4%, which will release ₹1.16 lakh crore into Indian banking system, Governor Shaktikanta Das announced. The move is in line with CNBC-TV18 poll projection. The MPC policy announcement comes just days after the report of weak Q2 GDP data. Track all RBI MPC Meeting Live Updates here