Key Highlights April 2023
RBI to remain focused on withdrawal of monetary policy accommodation.
RBI has paused the repo rate hike.
RBI has slightly increased its GDP growth forecast for FY24, raising it to 6.5% from its previous estimate of 6.4%.
FY24 inflation forecast lowered to 5.2% from 5.3%
RBI permits operation of pre-sanctioned credit lines at banks to widen and expand footprint of UPI.
RBI to set up centralised portal to search across multiple banks for unclaimed deposits
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