1. Regulatory Updates
1.1. India
Reserve Bank of India (RBI)
1.1.1. RBI Governor's statement after 54th
Monetary Policy Committee meeting
At the 54th Monetary Policy Committee
(“MPC”) meeting, the Reserve Bank of
India (“RBI”) reviewed the economic
landscape considering rising global trade frictions, softened bond
yields, and a weakening US dollar. While inflation has eased due to
falling food prices, the MPC remains vigilant to external shocks
and climate related risks. Growth is recovering from a subdued H1
FY 2024-25 but remains below aspirational levels. The Governor
reaffirmed RBI's commitment to price stability, sustainable
growth, and financial stability as the institution marks ninety
years since its establishment. RBI