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RBI monetary policy 2024: Central bank keeps real GDP growth projection at 7% for FY25

The GDP growth target for Q1 FY25 was adjusted to 7.1% from the previous 7.2%, while for Q2 FY25, it was revised to 6.9%, up from the previous forecast of 6.8%. The growth rate for Q3 FY24 remains unchanged at 7%. For Q4FY25, the RBI revised the growth rate to 7% from the previous 6.9%.

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