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Searched Tag: consumer price index based inflation cpi

RBI predicts 4.5% CPI inflation in 2024-25

May 30, 2024, 10:03 PM - 2 min read

The RBI has projected the country’s inflation rate, based on the Consumer Price Index (CPI), at 4.5 per cent for 2024-25 in the backdrop of an above-average monsoon expected this year and easing of supply chain pressures.

In a recent statement, State Bank of India (SBI) Chairman Dinesh Khara expressed confidence in India's economic trajectory, highlighting conditions that suggest an imminent upshift in real GDP growth.

SBI Chairman foresees India's GDP growth, eyes 14-16% credit growth in FY25

May 10, 2024, 02:56 PM - 2 min read

Khara said, "The bank's commitment to supporting growth across conventional industries and highlighted the multiplier effect of infrastructure spending on overall investment" Sectors such as batteries, electric vehicles (EVs), and semiconductors are anticipated to drive funding demand in the coming year.

RBI predicts 4.5% CPI inflation in 2024-25

SBI Chairman foresees India's GDP growth, eyes 14-16% credit growth in FY25

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