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RBI June Coverage Evaluation: The Reserve Financial institution of India (RBI) now initiatives home GDP development at 7.2 per cent within the present monetary 12 months, as an alternative of seven.0 per cent earlier, Governor Shaktikanta Das stated on Friday as he introduced the end result of the central financial institution’s June 5-7 evaluate.
The RBI revised its estimate for the fiscal second quarter to 7.2 per cent from 6.9 per cent.
The central financial institution, nonetheless, stored its client inflation forecast for FY25 unchanged at 4.5 per cent.
(This story shall be up to date shortly)
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