Apr 09, 2025, 4:34 pm IST
RBI MPC Meet 2025 Live Reaction By Mayur Modi, Co-Founder & Co-CEO, COO Moneyboxx Finance Limited
“The RBI’s 25 bps cut in rates and a shift in stance to accommodative are welcome moves. For NBFCs, the reduced cost of funds enables more affordable credit offerings to micro and small enterprises. Measures like the expanded co-lending framework and securitization of stressed assets further strengthen the lending ecosystem, by increasing liquidity and risk-sharing. At a time when unsecured loan NPAs have been a concern for the industry, a calibrated policy that distinguishes between consumption-driven and enterprise-led borrowing is essential. These steps support credit quality while ensuring critical segments are not left behind."
Apr 09, 2025, 3:42 pm IST
RBI MPC Meet 2025 Live Reaction By Piyush Bothra, Co-Founder and CFO, Square Yards
The RBI’s second consecutive repo rate cut, bringing it down by 25 basis points to 6%, is a timely and encouraging move for the real estate sector. For end-users, the lower rate translates to more affordable EMIs, making home ownership more achievable at a time when property values are inching upward. Moreover, this further strengthens liquidity in the system, enabling developers to secure funding and accelerate new project rollouts. As inflation remains under control, this rate cut could serve as a stabilizing force amid broader global uncertainties, reinforcing stakeholder confidence in residential real estate.
Apr 09, 2025, 3:30 pm IST
RBI MPC Meet 2025 Live Reaction By Mr Amit Prakash Singh, Co-Founder & Chief Business Officer, Urban Money
The RBI’s decision to cut the repo rate by 25 basis points to 6% is a strong, forward-looking signal for the broader credit ecosystem. For borrowers across segments—be it home loans, personal loans, business loans, or loans against property—this translates into more affordable access to capital and lower EMIs. From a lender’s standpoint, enhanced liquidity and lower cost of funds create an environment where institutions can expand credit offerings more aggressively, target new customer segments, and fine-tune risk-based pricing models. At a time of rising global uncertainties, this move will boost credit demand, improve affordability, and enhance liquidity across the lending ecosystem.
Apr 09, 2025, 3:29 pm IST
RBI MPC Meet 2025 Live Reaction By Gaura Sen Gupta, Chief Economist at IDFC FIRST Bank:
We expect the rate cut cycle to be deeper post the stance change to accommodative. We now see another 50bps cut in the remainder of 2025 v/s earlier expectation of 25bps. Another factor is the comfort of inflation with RBI seeing durable alignment of headline inflation with the 4%-target in FY26. Despite the downward revision in FY26 GDP estimate to 6.5% from 6.7%, we continue to see downside risk from tariff tensions. In our assessment the downward impact of growth from tariffs is 0.5%, which hasn’t been baked into the GDP estimate. While the governor maintained the delinking of the stance from liquidity conditions, we continue to expect another INR4tn of durable liquidity infusion in FY26. This is required to ensure that system liquidity is in INR2tn surplus (or 1% of NDTL). The latter is essential for transmission of rate cuts to take place.
Apr 09, 2025, 3:15 pm IST
RBI MPC Meet 2025 Live Reaction By Anuj Puri, Chairman, ANAROCK Group
“RBI’s decision to reduce the repo rates by 25 bps (to 6%) for the second time this year was expected in the backdrop of moderating inflation. Home loan borrowers may not see much meaningful or immediate interest rate relief. Banks have not transmitted earlier MPC rate cuts to borrowers because of higher funding costs, pressure on net interest margins, higher NPAs, and a cautious lending climate. If banks do pass on the benefits of the last two rate cuts, it will be a boost to homebuyers, particularly for those eyeing affordable housing.”
Apr 09, 2025, 3:15 pm IST
RBI MPC Meet 2025 Live Reaction By Rohit Arora, CEO and Co-founder, Biz2Credit and Biz2X
"The RBI’s latest rate cut, coupled with a shift to an accommodative stance, offers timely tailwinds for credit growth, particularly for India’s MSME sector. The broader regulatory push, including reforms in co-lending, gold-backed lending, and securitisation, directly addresses long-standing bottlenecks in last-mile credit delivery. Amid global uncertainties, this forward-leaning policy approach signals confidence in India's internal growth engines, with a clear emphasis on inclusive, broad-based recovery. As liquidity conditions ease and inflation remains within manageable bounds, the spotlight now turns to execution—ensuring that the policy transmission translates into faster, more efficient lending at the ground level. This is where technology-driven can play a catalytic role by enabling banks and financial institutions to digitise their lending operations end-to-end—from faster onboarding and AI-driven underwriting to seamless servicing. Digital transformation will be the cornerstone of unlocking scale, efficiency, and inclusivity across the lending ecosystem."
Apr 09, 2025, 2:06 pm IST
RBI MPC Meet 2025 Live Reaction By Amit Goyal, MD, India Sotheby’s International Realty
“The RBI’s 0.25% repo rate cut is a stabilising and much-needed move at a time when global economic turmoil poses challenges. By ensuring liquidity and keeping borrowing costs attractive, this decision by the central bank will bolster corporate confidence and investments. For India's housing sector, if the rate cut is passed on as a benefit on home loans, it will support the demand momentum, and help the real estate industry ride over this period of uncertainty.”
Apr 09, 2025, 1:32 pm IST
RBI MPC Meet 2025 Live Reaction By Vimal Nadar, Head of Research at Colliers India
“In the first MPC meeting of the fiscal 2025-26, RBI has further reduced the repo rate by 25 bps to 6.0%. The change in stance from “neutral” to “accommodative” is indicative of a growth supportive monetary policy and this becomes more critical in the backdrop of heightened uncertainty in global markets following the levy of reciprocals tariffs by the US. Although the intensity and impact of ongoing tariff escalations needs to be fully ascertained, RBI remains optimistic on domestic growth outlook and projects the GDP to grow by 6.5% in the fiscal 2025-26. Recent easing of inflation is likely to increase disposable income which in turn has the potential to boost domestic consumption.”
Apr 09, 2025, 1:31 pm IST
RBI MPC Meet 2025 Live Reaction By Shrinivas Rao, FRICS, CEO, Vestian
“The repo rate cut of 25 basis points is in line with current market conditions as the headline inflation in February was within the RBI's tolerance limit due to a sharp decline in food prices. On the other hand, the fear of recession is also looming globally amid trade friction between the USA and its trade partners. This reduction in the repo rate is expected to catalyse domestic consumption, boosting GDP growth. Moreover, the change in stance from ‘Neutral to Accommodative’ points towards easy monetary policy and future rate cuts, leading to a reduction in mortgage rates and a boost to the real estate demand.
Apr 09, 2025, 12:58 pm IST
RBI MPC Meet 2025 Live Reaction By Amit Bhagat, Co-Founder, CEO and MD, ASK Property Fund.
“Housing demand has been robust in the last 4-5 years, driven by stable macros, strong consumer sentiment, income and wealth growth. However, an increase in capital values has started impacting sales across segments. A further rate cut of 25 bps with an accommodative stance announced today, post a 25-bps rate cut in February 2025, is likely to further improve affordability. The falling interest rate cycle is likely to sustain consumer sentiment to some extent which has started seeing signs of weakening amid the current global turmoil and uncertainty.”
Apr 09, 2025, 12:54 pm IST
RBI MPC Meet 2025 Press Conference Live: RBI Governor on Pressure on the Rupee
"In the past 3–4 months, the rupee has been quite volatile. Given the current global uncertainties, it's difficult to make any definitive calls on its direction in the near or medium term," said RBI Governor Sanjay Malhotra.
Apr 09, 2025, 12:54 pm IST
RBI MPC Meet 2025 Press Conference Live: RBI Governor on C-KYC and Making Banking Simpler for Customers
"KYC is definitely a priority for us. We want to make the KYC process simpler and hassle-free for customers. However, it's not an easy task, as there are many regulated entities conducting KYC independently. That’s why we are working towards a unified KYC system, where customers won’t need to complete multiple KYC processes across institutions. The Central KYC Registry (CERSAI) is currently managing the C-KYC framework," said RBI Governor Sanjay Malhotra.
Apr 09, 2025, 12:35 pm IST
RBI MPC Meet 2025 Press Conference Live: RBI Governor on Currency War Concerns due to US Tariffs
"The Indian currency remains quite stable, and we have adequate foreign exchange reserves. I don’t believe we are in any kind of stressed position. Our interconnectedness especially on the trade front is relatively limited compared to other major economies. We will continue to monitor the situation as it evolves," said RBI Governor Sanjay Malhotra.
Apr 09, 2025, 12:29 pm IST
RBI MPC Meet 2025 Press Conference Live: RBI Governor on Impact of US Tariffs
"The impact of these new US tariffs on India and other smaller economies is relatively limited. Our exports account for around 12% of GDP, compared to just 2% for the US, 19% for China, 37% for Germany, and 30% for the European Union. This puts India in a relatively better position than some of these countries. Although our trade surplus is smaller, we have a comparative advantage in certain areas. That said, the tariff escalation is still a growth dampener. As for currency management, we do not intervene actively in the exchange rate," said RBI Governor Sanjay Malhotra.
Apr 09, 2025, 12:21 pm IST
RBI MPC Meet 2025 Press Conference Live: RBI Governor on Changes in Personal Loan Risk Weight
"We have increased the risk weight for personal loans to 125%. However, this should not be seen as a new imposition. In fact, during the COVID-19 period, we had reduced the risk weight to support lending. The current change is simply a return to pre-pandemic levels, aimed at ensuring prudent risk management," said RBI Governor Sanjay Malhotra.
Apr 09, 2025, 12:15 pm IST
RBI MPC Meet 2025 Press Conference Live: RBI Governor on Credit-Deposit Ratio
"We monitor the Credit-Deposit (CD) ratio to assess whether credit, as a percentage of deposits, is adequate. Some regions have lower CD ratios because they are net savers, while others have higher ratios due to greater borrowing activity. While we don’t prescribe specific targets for regional CD ratios, we do have regulations in place for liquidity management. In the short term, banks are required to maintain high-quality liquid assets under the Liquidity Coverage Ratio (LCR) framework, especially for a 30-day stress period," said RBI Governor Sanjay Malhotra.
Apr 09, 2025, 12:08 pm IST
RBI MPC Meet 2025 Press Conference Live: RBI Governor on Possibility of a 50 bps Cut Ahead
"Going forward, we have shifted our policy stance from neutral to accommodative. With inflation projected to average around 4%, we will continue to monitor the evolving economic situation closely. As we've already mentioned, these are uncertain times, and we will take a considered decision on where the policy rate needs to move next," said RBI Governor Sanjay Malhotra.
Apr 09, 2025, 11:42 am IST
RBI MPC Meet 2025 Live Reaction By Jigar Trivedi, Senior Analyst, Reliance Securities
“A 25 basis points rate cut by RBI is a welcomed and timely move. It has reinforced the central bank’s commitment to support economic growth, especially at a time when inflation appears to be within manageable limits. A lower interest rate environment has always provided relief to businesses and consumers alike, potentially spurring credit demand, investments, and job creation. Rate cuts amidst tariff turmoil also signals that RBI sees enough macroeconomic stability to continue with an accommodative stance. However, we must ensure that this liquidity gets translated into tangible gains for sectors that need it most, particularly MSMEs, housing, and infrastructure. Economy should realize the full benefits of lower rates through policy support and sustained reform”
Apr 09, 2025, 11:07 am IST
RBI MPC Meet 2025 Live Reaction By Dr. Anjali Bhute, Assistant Professor, School Of Commerce, NMIMS Navi Mumbai
“The inflation projection was also lowered to 4% from 4.2%, remaining within the target range of 2-6%. Growth projections for Q1, Q2, Q3, and Q4 are 6.5%, 6.7%, 6.6%, and 6.3%, respectively, while inflation is forecasted at 3.6% in Q1, rising to 4.4% by Q4. With global uncertainties, this rate cut may support economic growth. The USD/INR pair is expected to trade between 86.00 and 86.90 next week, shortened by holidays.”
Apr 09, 2025, 11:06 am IST
RBI MPC Meet 2025 Live Reaction By Dr. Anjali Bhute, Assistant Professor, School Of Commerce, NMIMS Navi Mumbai
“The Reserve Bank of India (RBI) reduced its key repo rate by 25 basis points to 6% during its April policy meeting, marking the second consecutive rate cut. This move, in line with market expectations, lowers borrowing costs to the lowest level since November 2022, amid easing inflation and slowing economic growth. The RBI revised its GDP growth forecast for FY2025-26 to 6.5%, down from 6.7%.
Apr 09, 2025, 10:48 am IST
RBI MPC Meet 2025 Live Reaction By Sandeep Bagla, CEO, TRUST Mutual Fund
"RBI/MPC cut repo rate by 25 bps, which was as per expected lines. It also changed its stance to neutral, which denoted that RBI is now unequivocal in its support of domestic growth and confident that inflation will move towards its desired rate of 4%. I expect the curve to steepen with the shorter end of the curve benefitting more. In the US, the tariff induced inflation fears are rising, which will lead to rising long bond yields. High global yields will influence the longer end bond yields in India as well. Investors should stick to Short duration funds, which offer a good risk reward trade off"
Apr 09, 2025, 10:41 am IST
Stock Market Live Updates
Sensex and Nifty Updates
Apr 09, 2025, 10:35 am IST
Rupee Opens Lower
Rupee slipped by Rs. 1.29 at the opening bell on Wednesday, trading at 86.61 against the US dollar, compared to its previous close of 86.24
Apr 09, 2025, 10:31 am IST
RBI MPC Meet 2025 Live: RBI FY26 Inflation Targets
RBI projects FY26 inflation at 4%, down from 4.2% in February, with quarterly estimates at 3.6% (Q1), 3.9% (Q2), 3.8% (Q3), and 4.4% (Q4)
Apr 09, 2025, 10:29 am IST
RBI MPC Meet 2025 Live: Manufacturer Activity showing Signs of revival
Manufacturing activity is showing signs of revival, says Guv Malhotra
Apr 09, 2025, 10:26 am IST
RBI MPC Meet 2025 Live: Agriculture Sector Remains Bright
“in FY 25-26 prospect of agriculture sector remains bright on the back of healthy reservoir lever and robust crop production “ Say Guv Malhotra
Apr 09, 2025, 10:21 am IST
RBI MPC Meet 2025 Live: Higher Tariffs May Weigh on Exports
"Higher tariffs are expected to have a negative impact on net exports. However, the relative tariff changes compared to some other countries remain quite limited, and the policy measures adopted domestically make it difficult to quantify the adverse impact on growth. On the other hand, risks to inflation remain, as ongoing global uncertainties may lead to possible currency pressure," says Sanjay Malhotra
Apr 09, 2025, 10:17 am IST
RBI MPC Meet 2025 Live: Governor Malhotra on Trade War and Global Uncertainty
“Uncertainty dampens growth of both business and household Dent on global growth due to trade friction will impede domestic growth also; Higher tariffs shall have a negative impact on net exports." Says Governor Malhotra
Apr 09, 2025, 10:14 am IST
RBI MPC Meet 2025 Live: RBI Changes Stance To Accommodative
"Moreover, the RBI has also changed its policy stance from neutral to accommodative, stating that the rapidly evolving situation requires continuous assessment of the economic outlook." Governor Sanjay Malhotra
Apr 09, 2025, 10:10 am IST
RBI MPC Meet 2025 Live: RBI Revises Other Policy Rates
"The SDF rate under the Liquidity Adjustment Facility (LAF) will be adjusted to 5.75%, while the Marginal Standing Facility (MSF) rate and the Bank Rate will be revised to 6.25%." Governor Sanjay Malhotra
Apr 09, 2025, 10:07 am IST
RBI MPC Meet 2025 Live: RBI Cuts Repo Rate By 25 bps To 6%
"The MPC unanimously voted to cut the repo rate by 25 basis points to 6%, effective immediately," says Guv Malhotra.
Apr 09, 2025, 10:05 am IST
RBI MPC Meet 2025 Live: Guv Sanjay Malhotra begins Speech
"The new financial year has started with a sense of uncertainty," says Malhotra.
Apr 09, 2025, 9:57 am IST
Geopolitical Tensions Rise: US Enforces 26% Tariff on Indian Imports
The imposition of a 26% tariff on Indian imports by Donald Trump has commenced, marking a significant moment in trade relations. Initiated at 9:30 am on Wednesday, this move is part of a broader strategy to tackle what Trump describes as "unfair practices" by various trading partners. This development comes amidst ongoing geopolitical and market instability, highlighting the far-reaching implications of these trade policies.
With the new tariffs now in effect, there is a growing concern among various sectors over the potential impact on trade between the United States and India. This adjustment is a component of Trump's wide-ranging trade policy, which aims to rectify what he perceives as disparities in global trade dynamics.
Apr 09, 2025, 9:41 am IST
Investors Focus On RBI Announcement Amid Trade War
All eyes are on the RBI meeting announcement, which will commence shortly. Amid the global trade war investors' sentiment remains cautious and a repo rate cut will likely give some relief to loan EMIs.
Apr 09, 2025, 9:33 am IST
Sensex And Nifty Today
Equity market opened lower on Wednesday, with the Sensex down 361 points at 73,865 and the Nifty slipping 154 points to 22,381, tracking weak global cues
Apr 09, 2025, 9:29 am IST
Rupee Opens Lower
Rupee slipped by Rs. 1.35 at the opening bell on Wednesday, trading at 86.55 against the US dollar, compared to its previous close of 86.24
Apr 09, 2025, 9:26 am IST
Gold Prices In Focus Ahead of RBI Meet
Gold prices have declined for four consecutive sessions. Spot gold was up 0.6% to ,000.13 an ounce as of 0250 GMT. U.S. gold futures gained 0.8% to ,014.40.
Apr 09, 2025, 9:09 am IST
RBI MPC LIVE: RBI Unlikely To Change Stance From Neutral To Accomodative, Says SBM Bank India Treasury Head
RBI MPC Live: The RBI MPC is likely to announce a 25 bps rate cut in policy in the upcoming RBI MPC verdict, however, there are very less chance of change in stance, according to Mandar Pitale, Head, Treasury, SBM Bank India.
"We expect a 25bp cut in policy rate in the upcoming MPC verdict. Further, we do not expect any changes in stance. With the announcement of INR 0.8 trillion (INR 80,000 Cr) OMO purchases in April, the likelihood of the announcement of the change of stance from "neutral to accommodative" during April policy stands reduced," Mandar Pitale, Head, Treasury, SBM Bank India, said.
Apr 09, 2025, 8:44 am IST
RBI MPC Live: We Expect RBI To Reduce Repo Rate Based on Inflation Moderation, says ICRA Head
RBI MPC Live: "For now, we are maintaining our baseline GDP growth forecast of 6.5% for FY2026. As a result, we continue to expect the MPC to reduce the repo rate by 25 bps on April 9, based on the expectation of a moderation in the CPI inflation to 4.2% on average in FY2026," Aditi Nayar, Chief Economist, Head - Research & Outreach, ICRA.
Apr 09, 2025, 8:44 am IST
RBI Policy Live Updates: No Change In Monetary Policy Stance?
Mandar Pitale, Head, Treasury, SBM Bank India: Average CPI inflation in FY26 is expected to converge near 4%. Now since the rate cut cycle has begun, it will be imperative on part of regulator to ensure adequate liquidity in the banking system as a prerequisite for effective transmission of policy rate actions on banking sector assets as well as liabilities. We expect 25bp cut in policy rate in the upcoming MPC verdict. Further, we do not expect any changes in stance. With the announcement of INR 0.8 trillion (INR 80,000 Cr) OMO purchases in April, the likelihood of announcement of change of stance from “neutral to accommodative” during April policy stands reduced.
Apr 09, 2025, 8:35 am IST
RBI Policy Live Blog: Rate Cut Consideration Seems To Be Fruitful
Ajay Garg, CEO, SMC Global Securities: RBI has last cut the repo rate by 25 basis points to 6.25% in February 2025, driven by inflation dropping and to stimulate economic growth. India’s CPI inflation fell to 3.61% in February 2025 and is lower than the RBI’s tolerance target of 4%. The food inflation has also dropped 3.75% in February 2025 from 5.97% in January 2025. RBI has already infused durable liquidity of around ₹6.5 trillion by cutting the CRR, open market operations (OMO), and foreign currency swaps. With lowering inflation, the rate cut consideration by the RBI seems fruitful.
Apr 09, 2025, 8:32 am IST
RBI MPC Live: How Much Rate Cut is Expected?
RBI MPC Live: RBI MPC is likely to announce a 25 bps rate cut, according to RBI MPC poll by GoodReturns, 29 out of 33 experts hinted of a 25 bps rate cut by RBI
Apr 09, 2025, 8:11 am IST
RBI MPC Live: PGIM India Mutual Fund Expert Expects Change in Monetary Policy Stance
RBI MPC Live: According to Puneet Pal, head of fixed income at PGIM India Mutual Fund, RBI MPC can go for a 25 basis points rate cut at a time of heightened global uncertainty with a change in stance.
"Bond markets are discounting a dovish MPC meeting next week, and we also expect monetary support at a time of heightened global uncertainty. We expect a 25 bps repo rate cut along with a change in monetary policy stance to "accommodative," though the short forward USD positions of RBI have touched USD 89 bn as of the end of February, which remains the joker in the pack," said Puneet Pal
Apr 09, 2025, 7:28 am IST
RBI MPC Live: Expect a 25 bps rate cut, no change in stance
RBI MPC Live: RBI MPC can announce a rate cut of 25 bps today, however there are lesser chances of change in stance, said Mandar Pitale, Head, Treasury, SBM Bank India.
"We expect a 25bp cut in policy rate in the upcoming MPC verdict. Further, we do not expect any changes in stance. With the announcement of INR 0.8 trillion (INR 80,000 Cr) OMO purchases in April, the likelihood of the announcement of the change of stance from "neutral to accommodative" during April policy stands reduced," said Mandar Pitale.
Apr 09, 2025, 6:21 am IST
Capital Economics Forecasts 25 bps Rate Cut
Shilan Shah, deputy chief emerging market economist at Capital Economics, said, "The recent sharp drop in headline CPI inflation means that the Reserve Bank is primed to cut the repo rate again at the conclusion of the MPC meeting on Wednesday, 9th April." Shah is also forecasting a 25 bps cut as well on Wednesday.
Apr 08, 2025, 11:10 pm IST
RBI MPC Meet 2025 Expectations By Ankita Pathak, Macro Strategist and Global Equities Fund Advisor at Ionic Asset by Angel One
“China’s response to Trump’s tariffs will be important for Asian central banks (including the Indian RBI) and will chart the course for both currency and rates. The trade war is likely to potentially start an FX war. There will likely be a downward revision to growth and inflation. India has needed monetary reflation even before Trump’s tariffs, and the need for it to support growth, as well as the ability to do so, is now the strongest. It must, therefore, flow through both rate cuts and surplus liquidity maintenance.”
Apr 08, 2025, 11:09 pm IST
RBI MPC Meet 2025 Expectations By Ankita Pathak, Macro Strategist and Global Equities Fund Advisor at Ionic Asset by Angel One
Amidst global uncertainties, the RBI is likely to cut rates by 25bps tomorrow, with an expectation of a change in stance to accommodative from the current neutral. India is relatively better than the rest of Asia as far as tariffs are concerned, but it is unlikely that it will not see any ripple effect from a global slowdown.
Apr 08, 2025, 11:09 pm IST
RBI MPC Meet 2025 Expectations By Shishir Baijal, Chairman and Managing Director, Knight Frank India
“From a real estate perspective, the transmission of lower rates into reduced borrowing costs can incentivise home buyers, particularly in the affordable housing segment, by making home loans more accessible. Additionally, it would enable developers to secure cheaper credit, fostering increased investments and growth within the sector. The anticipated rate cut comes amidst heightened global economic vulnerabilities, particularly stemming from US trade tariffs. In response, the RBI is likely to uphold an accommodative policy stance, maintaining lower interest rates to stimulate domestic demand and mitigate the adverse effects.”
Apr 08, 2025, 11:09 pm IST
RBI MPC Meet 2025 Expectations By Shishir Baijal, Chairman and Managing Director, Knight Frank India
“We anticipate that the RBI will cut the policy repo rate by 25 bps and bring it down to 6% in the upcoming MPC meeting amid easing inflation, with CPI reaching a seven-month low in February 2025, and slowing domestic consumption. Considering the persistent liquidity deficit, the RBI is also likely to address liquidity management. A potential reduction in the CRR, currently at 4%, could inject much-needed liquidity into the banking system, boosting banks' lending capacity and supporting credit flows.”
Apr 08, 2025, 11:09 pm IST
RBI MPC Meet 2025 Expectations By Ajay Garg, CEO, SMC Global Securities Ltd
“The US reciprocal tariffs on India and other major economies have increased the risk of a global recession. This can lead to a decrease in India’s export earnings and create uncertainty in India’s growth trajectory. As the global economy is facing the wrath of reciprocal tariffs from the US and starting the trade wars, there is a high probability that the RBI will cut the repo rate by another 25 basis points in the April meeting. “
Apr 08, 2025, 11:08 pm IST
RBI MPC Meet 2025 Expectations By Ajay Garg, CEO, SMC Global Securities Ltd
“RBI has last cut the repo rate by 25 basis points to 6.25% in February 2025, driven by inflation dropping and to stimulate economic growth. India’s CPI inflation fell to 3.61% in February 2025 and is lower than the RBI’s tolerance target of 4%. The food inflation has also dropped 3.75% in February 2025 from 5.97% in January 2025. RBI has already infused durable liquidity of around ₹6.5 trillion by cutting the CRR, open market operations (OMO), and foreign currency swaps. With lowering inflation, the rate cut consideration by the RBI seems fruitful.”
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