The Reserve Bank of India's Monetary Policy Committee has unanimously decided to reduce the policy repo rate by 25 basis points, bringing it down to 6.00% with immediate effect. This decision was made to support economic growth amidst a challenging global environment, while inflation is projected to align with the target. The MPC also adjusted the standing deposit facility rate and the marginal standing facility rate accordingly.
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. Ra
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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.