RBI Announces Highlights of First Bi-monthly Monetary Policy for FY 2025-26.

Banking & Finance

The Reserve Bank of India (RBI) conducted its 54th meeting of the Monetary Policy Committee (MPC) from April 7 to 9, 2025, under the chairmanship of Shri Sanjay Malhotra, Governor of RBI.


      - The meeting was attended by MPC members including Dr. Nagesh Kumar, Shri Saugata Bhattacharya, Prof. Ram Singh, Dr. Rajiv Ranjan, and Shri M. Rajeshwar Rao.

      - The Gross Domestic Product (GDP) growth projection for FY 2025-26 (FY26) was retained at 6.5%, matching the estimate for FY 2024-25.

     

Main Point :-   (i) The MPC unanimously decided to reduce the policy repo rate by 25 basis points (bps) to 6.00%, effective immediately.

      (ii) The Standing Deposit Facility (SDF) rate under the Liquidity Adjustment Facility (LAF) was revised to 5.75%.

(iii) The Marginal Standing Facility (MSF) rate and the Bank Rate were both set at 6.25%.
About RBI

Governor : Sanjay Malhotra
Headquarter : Mumbai
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