Repo Rate | DD News

February 4, 2026 11:30 AM

RBI likely to hold rates as three-day MPC meeting begins

The three-day meeting of the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) begins today, with the policy decision scheduled to be announced on Friday by RBI Governor Sanjay Malhotra. The central bank has already cut the key policy repo rate by a cumulative 125 basis points since February last year, bringing it down to 5.25 per cent. However, analysts now expect the RBI to pause further easing as inflation shows signs of firming up. “With the current repo rate at 5.25 per ce...

December 5, 2025 11:34 AM

Rare goldilocks period: RBI Governor points to India’s high economic growth, low inflation phase

RBI Governor Sanjay Malhotra on Friday characterised India's current macroeconomic moment as a "rare goldilocks period", that marks high economic growth and exceptionally low inflation. The RBI reduced the policy repo rate by 25 basis points to 5.25 per cent, following a unanimous decision of the Monetary Policy Committee (MPC) at its meeting held from December 3 to 5. The committee cited strong growth indicators and sharply lower inflation as key factors enabling the rate cut. Announcing the ...

December 5, 2025 10:58 AM

RBI Governor revises inflation outlook downward to 2% for FY26, cuts projection by 0.6%

The Reserve Bank of India (RBI) on Friday revised its inflation outlook for the current financial year, FY26, projecting Consumer Price Index (CPI) inflation at 2 per cent—down by 0.6 percentage points from its earlier estimate. The announcement was made by RBI Governor Sanjay Malhotra while presenting the monetary policy. He said, “Inflation is likely to be softer than what was projected in October, mainly due to the fall in food prices. Considering all these factors, CPI inflation for th...

December 5, 2025 10:18 AM

RBI cuts repo rate by 25 bps to 5.25% amid robust GDP growth, record-low inflation

The Reserve Bank of India (RBI) on Friday reduced the repo rate by 25 basis points, bringing it down to 5.25 per cent. The decision was announced by RBI Governor Sanjay Malhotra after the conclusion of the three-day Monetary Policy Committee (MPC) meeting held from December 3 to 5. Governor Malhotra said the MPC conducted a detailed assessment of evolving macroeconomic conditions and the economic outlook before unanimously deciding to implement the rate cut with immediate effect. Announcing t...

October 1, 2025 1:54 PM

RBI keeps repo rate unchanged at 5.5%, maintains neutral stance

The Reserve Bank of India (RBI) on Wednesday decided to keep the repo rate unchanged at 5.5 per cent, with the monetary policy committee (MPC) maintaining a “neutral” policy stance. A neutral stance implies that the central bank neither seeks to stimulate the economy nor tighten liquidity, balancing efforts to control inflation without impeding growth. RBI Governor Sanjay Malhotra said the inflation outlook has become more benign due to a sharp decline in food prices and recent GST rate cu...

June 13, 2025 2:28 PM

Inflation to average 2.5% over next six months: HSBC

India’s inflation is expected to average around 2.5 per cent over the next six months, according to a report by HSBC Global Research released on Friday. The report attributed the softer inflation outlook to a high base effect from last year, as well as stable food prices and adequate grain supplies. Data for June is already trending slightly below May levels, it noted. “Vegetable prices in the first 10 days of June have increased in the range of 0–13 per cent, but the high base from last...

June 6, 2025 11:02 AM

RBI cuts repo rate by 50 basis points to 5.5%, shifts policy stance to neutral

The Reserve Bank of India (RBI) on Friday announced a sharp 50 basis points cut in the repo rate, bringing it down from 6 per cent to 5.5 per cent. Announcing the decision, RBI Governor Sanjay Malhotra said the central bank was responding to the sharp moderation in inflation, which has now fallen to 3.2 per cent — below the RBI’s lower tolerance band of 4 per cent. In a further liquidity-boosting measure, the RBI also announced a 100 basis points cut in the Cash Reserve Ratio (CRR), to ...

May 29, 2025 3:51 PM

RBI to continue liquidity operations in line with policy stance

The Reserve Bank of India (RBI) on Thursday said it will continue to undertake liquidity management operations in line with its monetary policy stance, to ensure adequate liquidity in the banking system that supports the productive needs of the economy. In its annual report for 2024-25, the central bank emphasised the importance of maintaining financial stability while supporting growth, particularly in the backdrop of easing inflation and moderate economic expansion. With inflation easing bel...

April 9, 2025 11:11 AM

RBI cuts repo rate by 25 bps to 6% amid deepening global trade war

The Reserve Bank of India (RBI) on Wednesday cut the repo rate by 25 basis points, reducing it from 6.25 per cent to 6 per cent, in a bid to support the economy amid growing global headwinds stemming from sweeping tariffs and retaliatory duties imposed by US President Donald Trump on several countries, including India. Announcing the decision after the MPC's three-day meeting held on April 7, 8, and 9, RBI Governor Sanjay Malhotra stated, "After a detailed assessment of the evolving macroecon...

February 7, 2025 10:54 AM

RBI cuts repo rate by 25 bps to 6.25% in first policy review

Reserve Bank of India (RBI) Governor Sanjay Malhotra confirmed that the Monetary Policy Committee (MPC) had unanimously decided to reduce the policy rate by 25 basis points (bps), from 6.50% to 6.25%. Malhotra addressed the challenges posed by the global economic landscape, highlighting that while high-frequency indicators suggest resilience and growth in trade, overall global growth remains below historical averages. He said, "Progress on global disinflation is stalling, hindered by services p...