The Reserve Bank of India’s Monetary Policy Committee (MPC), led by Governor Sanjay Malhotra, kept the repo rate unchanged at 5.25% with a unanimous vote, retaining its neutral policy stance. The RBI highlighted intensified external headwinds but reaffirmed confidence in India’s steady growth trajectory, low underlying inflation, and appropriate current policy rates.
The Reserve Bank of India (RBI) today announced its latest monetary policy decision, keeping the repo rate unchanged at 5.25%. The MPC voted unanimously to retain a neutral stance, signaling a balanced approach between inflation management and growth support.
Governor Sanjay Malhotra noted that while external headwinds have intensified since the last meeting, India’s domestic outlook remains positive. Inflation continues to trend lower, and the economy is on a steady improving trajectory, supported by resilient demand and stable financial conditions.
The Marginal Standing Facility (MSF) rate and Bank Rate remain at 5.50%, while the Standing Deposit Facility (SDF) rate is unchanged at 5.0%. The RBI emphasized that the current policy rate is appropriate given the evolving global and domestic environment.
Key Highlights
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Repo rate unchanged at 5.25%; stance remains neutral.
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MPC vote unanimous on policy stance and repo rate decision.
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MSF & Bank Rate: steady at 5.50%.
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SDF rate: unchanged at 5.0%.
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External headwinds intensified, but domestic inflation and growth outlook remain positive.
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Indian economy continues on a steady improving trajectory.
Sources: ANI, Business Standard, Mint, Economic Times