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Monetary Policy Decisions The Monetary Policy Committee (MPC) held its 54th meeting from April 7 to 9, 2025 under the chairmanship of Shri Sanjay Malhotra, Governor, Reserve Bank of India. The MPC members Dr. Nagesh Kumar, Shri Saugata Bhattacharya, Prof. Ram Singh, Dr. Rajiv Ranjan, and Shri M. Rajeshwar Rao attended the meeting. 2. After assessing the current and evolving macroeconomic situation, the MPC unanimously voted to reduce the policy repo rate by 25 basis points to 6.00 per cent w
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FAQ :
The Monetary Policy Committee unanimously voted to reduce the policy repo rate by 25 basis points to 6.00% with immediate effect.
The new policy repo rate is 6.00 per cent.
The standing deposit facility (SDF) rate has been adjusted to 5.75 per cent, and the marginal standing facility (MSF) rate and Bank Rate are now 6.25 per cent.
Real GDP growth for 2025-26 is projected at 6.5 per cent.
CPI inflation for the financial year 2025-26 is projected at 4.0 per cent, assuming a normal monsoon.
The MPC decided to change its stance from neutral to accommodative.
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