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India Can't Risk Another Inflation Surge: RBI Holds Policy Rates Steady

2024 • 3min • News • Business

Informative

Published on: October 24, 2024 - The Reserve Bank of India (RBI) Governor Shaktikanta Das emphasizes the importance of controlling inflation to ensure sustainable growth. With inflation risks looming, the RBI has decided to keep the policy repo rate unchanged at 6.5% for the tenth consecutive time. In this video, we explore why the central bank is taking a cautious approach, its impact on the economy, and the outlook for inflation in the coming months.