“In the ever-evolving global arena, our nation’s economic strength shines, making a significant 15% contribution to worldwide growth. The MPC’s dedication works to harmonise inflation with a 4% objective. Demonstrating prudence, the RBI retains the repo rate at 6.5%, upholding stability while envisioning a steady 6.5% growth for FY’24 despite inherent uncertainties. We hope to see reduction in rates in months to come.”