2025-10-01 10:07:17 am | Source: Accord Fintech
Just In: RBI holds repo rate at 5.50%
The Reserve Bank of India’s Monetary Policy Committee (MPC) kept the benchmark repo rate unchanged at 5.50?per?cent taking a wait-and-watch approach to assess the impact of US tariffs on the domestic economy. The MPC has also decided to keep the monetary policy stance unchanged at 'neutral'.
The MPC has lowered FY26 CPI inflation estimate to 2.6% from 3.1% projected in August. It revised upwards India’s GDP projection to 6.8%, from the earlier forecast of 6.5%, on account of stronger economic momentum supported by robust domestic demand and favourable policy measures.
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