Repo rate steady at 5.25%; RBI flags Hormuz disruptions, energy risks
India’s central bank has kept borrowing costs steady while signalling caution on global risks, even as domestic demand and services activity continue to support economic momentum.
India’s central bank has kept borrowing costs steady while signalling caution on global risks, even as domestic demand and services activity continue to support economic momentum.
Consequently, the standing deposit facility (SDF) rate remains at 5%, and the marginal standing facility (MSF) rate and the Bank Rate remain at 5.50%.
The Reserve Bank of India (RBI) released its bi-monthly monetary policy here on Friday after the Monetary Policy Committee (MPC)…
The RBI is likely to lower the repo rate by 25 basis points attributed to persistent downside surprises in headline Consumer Price Index inflation in its upcoming monetary policy committee meeting, Morgan Stanley in its latest report.
The MPC has also revised the average headline inflation for this year to 2.6 per cent from the earlier projection of 3.7 per cent in June and 3.1 per cent in August.
Reserve Bank of India (RBI) Governor Sanjay Malhotra on Wednesday announced that the Monetary Policy Committee (MPC) unanimously decided to keep the policy rate unchanged at 5.5 per cent, continuing the neutral stance.
Public sector banks became the first to act on the RBI’s policy signal by promptly cutting their Repo Linked Lending Rates (RLLR).
In a move set to ease the financial burden on millions of home loan borrowers, the Reserve Bank of India (RBI) has slashed the repo rate by 50 basis points to 5.5 per cent, marking the third consecutive rate cut in 2025.
The Reserve Bank of India (RBI) is likely to cut the repo rate by 25 basis points in its February 2025 policy meeting, which is set to begin on Wednesday, the State Bank of India (SBI) said in a research.
At close, the Sensex was down 56.74 points or 0.07% at 81,709.12, and the Nifty was down 30.60 points or 0.12% at 24,677.80.
