Quick Summary
The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) has unanimously decided to reduce the policy repo rate by 25 basis points, bringing it down from 6.50% to 6.25%. Consequently, the Standing Deposit Facility (SDF) rate is set at 6.00%, while the Marginal Standing Facility (MSF) rate and the Bank Rate stand at 6.50%. The MPC also opted to maintain a neutral stance, emphasizing its commitment to achieving sustained alignment of inflation with the target while supporting economic gro
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FAQ :
The new policy repo rate is 6.25%, reduced from 6.50%.
The RBI cut the repo rate because inflation is on a declining trend and is expected to moderate further, while economic growth needs support.
The Monetary Policy Committee has opted to maintain a neutral stance.
The RBI is monitoring global financial market volatility, uncertainties in trade policies, and adverse weather events.
A lower repo rate could lead to cheaper loans for individuals and businesses, including home loans and personal loans.
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