RBI Governor Shaktikanta Das said on Saturday that the borrowers can get maximum benefit of reduction in repo rate in the coming days. For your information, let us tell you that an environment of increasing debt is being created. After the RBI board meeting, Das said in a press conference that the process of giving benefit of the reduction in repo rate to the common people is moving at a slow pace but it could improve in the coming days. Finance Minister Nirmala Sitharaman also addressed the Central Board.

Apart from this, this meeting was organized after the budget, Das said that the GDP growth of the country is expected to be six percent in the next financial year. He said that based on the economic review of the current financial year, the GDP growth rate for the next year has been estimated. Das said this at a press conference held after the budget meeting of Finance Minister Nirmala Sitharaman and RBI Central Board of Directors.

For your information, let us tell you that Das said that the Monetary Policy Framework (MPF) has been working for the last three years. He said that the central bank is internally analyzing how effective the MPC framework has been. The central bank will negotiate with the government if necessary. Apart from this, the review is going on within the RBI itself.

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