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In this video we are discussing 52nd RBI Monetary Policy .
The Reserve Bank of India’s (RBI) announced its fifth bi-monthly monetary policy of FY25.
The six-member Monetary Policy Committee (MPC) led by RBI Governor Shaktikanta Das decided by a 4 to 2 majority to keep the benchmark repo rate unchanged at 6.5% for the eleventh straight meeting, and maintain the monetary policy stance ‘Neutral’ and to remain unambiguously focused on a durable alignment of inflation with the target, while supporting growth. The rate setting panel slashed the cash reserve ratio (CRR) by 50 basis points (bps) to 4%. FX-Retail platform to be linked with the Bharat Connect platform of NPCI
Introduction of the Secured Overnight Rupee Rate (SORR) - a benchmark based on the Secured Money Markets
Limit for collateral-free agriculture loans to be raised to ₹2 lakh per borrower from ₹1.6 lakh
Small Finance Banks permitted to extend pre-sanctioned credit lines through the UP
Setting up of a Committee to recommend Framework for Responsible and Ethical Enablement of Artificial Intelligence (FREE-AI) in the Financial Sector
Introduction of Podcast Facility as an Additional Medium of Communication
Launch of MuleHunter.AI, an AI solution to identify Mule Bank Accounts
Launch of ‘Connect 2 Regulate’ - An initiative for open regulation
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