Mpc

It should focus on core inflation, not headline inflation, as the share of basic staples in household consumption has fallen. The target for core inflation should be 3.5 percent with boundaries of 1.5 percentage points on either side

Rural inflation expected to ease as consumer confidence improves: RBI MPC

According to a RBI report, households in rural and semi-urban areas reported a slight uptick in their current perception of inflation, which rose by 10 bps to 5.9 percent compared with the previous round of surveys.

RBI Post-Policy Presser LIVE | Governor Sanjay Malhotra Addresses GDP Growth, Inflation & Rupee

The Reserve Bank of India (RBI) today maintained a status quo on repo rate and policy stance, highlighting India's favourable growth-inflation dynamics. Meeting Street expectations, RBI Governor Sanjay Malhotra-led Monetary Policy Committee (MPC) kept the repo rate unchanged at 5.5 per cent, and maintained the policy stance as ‘neutral’. RBI MPC addresses the media after the monetary policy announcement.

LIVE | RBI Monetary Policy Analysis LIVE | RBI Governor LIVE | RBI

RBI Monetary Policy Committee (MPC) meets to decide on India’s key interest rates. Key expectations from the meeting: Will RBI hold fire on rate cuts and opt for another pause? Outlook on inflation, growth & liquidity RBI’s stance on repo rate and borrowing costs Insights from Governor Shaktikanta Das on the Indian economy Watch the LIVE coverage of RBI’s policy announcement and expert analysis on how it impacts markets, banks, and borrowers.

RBI MPC Highlights: Governor Malhotra holds repo rate at 5.5%; inflation forecast cut to 2.6%, GDP growth raised to 6.8%

RBI MPC Meeting Highlights 2025: The unanimous decision to hold repo rate steady was announced by Governor Sanjay Malhotra as the central bank unveiled its fourth bi-monthly monetary policy of FY26, in the backdrop of strong economic growth and benign headline inflation.

How markets will assess RBI MPC's decision: Six factors to watch for equity investors

A note by Nuvama said the RBI may first evaluate the impact of GST rationalisation on consumption before considering a rate cut, while JM Financial said the MPC’s commentary will be critical, regardless of whether it maintains the current stance or signals future easing.

Why the Q1 growth surprise gives more room for India’s MPC

A stronger-than-expected GDP print gives the Monetary Policy Committee breathing space

Average daily surplus liquidity under RBI’s LAF doubled to Rs 3 lakh crore in four months

The sharp increase in the liquidity can be attributed to the durable liquidity infusion since start of this year by the RBI through various instruments such as open market operations (OMOs) purchases of governments securities and USD/INR buy-sell swap auctions.

Surplus liquidity helps better transmission of rate cuts in bond, credit market, says RBI governor

Between February and June 2025, the weighted average lending rate of scheduled commercial banks fell by 71 basis points for fresh rupee loans, of which 55 bps was directly due to the repo rate cut

LIVE: Monetary Policy statement by RBI Governor Sanjay Malhotra | Interest rate | India |Sensex |BSE

LIVE: Monetary Policy statement by RBI Governor Sanjay Malhotra | Interest rate | India |Sensex |BSE

RBI set to announce August MPC meet outcome today: Here's what happened in the last 10 meetings

While majority of the analysts expect RBI to keep rates steady this time, after a massive 50 basis points rate cut during the previous meeting, some predict a 25-bps cut amid sharp drop in inflation numbers.

RBI MPC Meeting Highlights: Repo rate unchanged at 5.5%, Sanjay Malhotra says 'Don't see major impact of US tariff'

RBI MPC Meeting Highlights: GDP growth projection unchanged at 6.5% for FY26. CPI inflation projections reduced to 3.1%.

MPC minutes: 100 bps rate cuts provide certainty in uncertain times, support growth, says RBI Governor

The package of measures will provide some certainty in the times of uncertainty and is expected to support growth, says RBI Governor Sanjay Malhotra

Banking Central| Inflation’s down but don’t pop the champagne yet

India's inflation dips to a 75-month low but can the RBI keep the pressure cooker from boiling over?

Monetary Policy: Mission accomplished, now over to you

Though the measures appear bold and decisive, they raise two pivotal questions.

India’s growth stays strong, but focusing inward key amid global risks

India’s economy grew 7.4% in Q4 FY25, aided by rate cuts and subdued inflation. Yet, global headwinds and sluggish private investment pose medium-term risks, calling for reforms and stronger domestic growth engines. The RBI’s repo and CRR cuts are well-timed responses

The RBI has acted. Now the emotional economics must kick in.

When the central bank does its bit, the rest of the system must respond. So far, the response has been cautious, patchy and uncertain

Lost in transmission

Personal credit will still be the key to a credit boom if it happens, especially after the RBI backtracked on some of the tough regulatory measures that had stymied gold loans and lending to NBFCs earlier. But all of this depends on how much and how quickly rate cuts transmit through the credit system, which remains a moot question

The big beautiful monetary policy

RBI Governor Sanjay Malhotra and his MPC colleagues have tailored monetary policy to boost economic growth. It’s the most appropriate decision when seen in the backdrop of a likelihood that investment is expected to dip this fiscal. That said, the key to an investment revival is a significant increase in demand

Moneycontrol Pro Weekender | Sanjay Malhotra fires his bazooka

Despite the RBI’s bold liquidity boost and optimism, GDP growth projections remain unchanged at 6.5%, raising questions about the real impact of policy moves

RBI reschedules next MPC meeting to August 4–6, 2025 from August 5-7, 2025

In its press release, the central bank cited 'administrative exigencies' as the reason for the advancement of the MPC meeting.

A jumbo cut and all accoutrements to meet growth aspirations

Cutting CRR at a time when financial system liquidity is already in a surplus indicates a clear bias to use policy levers to move interest rates in the economy structurally lower and boost credit demand as domestic consumption grows in tandem with aspirational growth trajectory for the economy

Frontloaded rate cut and CRR cut to push banks to lend 

Constraints in deposit mobilization and high cost of retail deposits, and a fear of downward re-pricing of the fresh loans upon rate cuts in future weighed upon the lending decisions of the banks. With a 50-bps cut in the repo rate to 5.5%, a 100-bps cut in CRR to 3.0% and a change in stance to Neutral, the MPC has tried to address both the issues

Monetary Blitzkrieg: RBI couples 50bps monetary easing with structural liquidity support

The Reserve Bank of India unleashed a powerful monetary stimulus, slashing the repo rate by 50bps and CRR by 100bps, while shifting its stance to "neutral." This aggressive move aims to ensure robust liquidity and faster policy transmission amid moderating inflation and steady growth.

Benign inflation clears runway for MPC’s bold cut and policy reset

In a bold and unconventional move, the RBI cut the Repo rate by 50 basis points to 5.5%, frontloading support for growth amid easing inflation and rising global risks. The policy stance was reset to neutral, hinting at limited future easing but full-throttle action now