RBI MPC Meeting Live Updates: RBI Governor Sanjay Malhotra keeps repo rate unchanged at 5.25%, pegs FY26 GDP growth at 7.4%, projects FY26 inflation at 2.1%, sees FY27 Q1 inflation at 4%, forex reserves at $723.8 billion
Reserve Bank of India Governor Sanjay Malhotra on Friday announced that the Monetary Policy Committee (MPC) has unanimously decided to keep the policy repo rate unchanged at 5.25 per cent. Consequently, the Standing Deposit Facility (SDF) rate remains at 5 per cent, and the Marginal Standing Facility (MSF) rate and the bank rate at 5.5 per cent.
Expectations are mixed this time. Although retail inflation has shown some easing, it remains near the RBI’s comfort range. Meanwhile, global central banks are growing more cautious about cutting interest rates, a shift that could shape the RBI’s tone and forward guidance.
Malhotra will begin his speech at 10 am. In its December monetary policy, RBI had cut the repo rate by 25 bps to 5.25 per cent from 5.50 per cent.
The decision will be announced by the RBI Governor against a supportive domestic backdrop that includes a growth-focused Union Budget, easing inflation pressures, and a significant reduction in external uncertainty following the long-awaited India–U.S trade deal.
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