The Reserve Bank of India maintains the repo rate at 6.5 percent and revises GDP growth for FY25 down to 6.6 percent. Inflation forecast is raised to 4.8%.

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The Reserve Bank of India (RBI) has decided to maintain the repo rate at 6.5% for the 11th consecutive time, continuing with its neutral monetary policy stance. The decision, made by a 4-2 majority during the Monetary Policy Committee (MPC) meeting on Friday, aims to keep inflation within target levels while supporting economic growth.
Governor Shaktikanta Das, addressing the media, stated that as a result of the decision, the Standing Deposit Facility (SDF) rate remains at 6.25%, and the Marginal Standing Facility (MSF) rate, along with the Bank Rate, stays at 6.75%. This policy move reflects the RBI’s cautious approach in balancing inflation control and economic expansion.