RBI governor Sanjay Malhotra will announce the first bi-monthly monetary policy of the current tax. File | Photocredit: Reuters
The Monetary Policy Committee (MPC) of the RBI on Wednesday (April 9, 2025) unanimously decided to lower the REP rate by 25 basic points to 6%. It has also changed its attitude from ‘neutral’ to accommodation.
The real GDP 2025-26 is predicted at 6.5%, while CPI inflation is projected on 4%for the same financial year.
RBI Governor Sanjay Malhotra made the announcements during the first bi-monthly monetary policy of the current tax on Wednesday (April 9, 2025).
This is followed by a press conference after the policy at 12:00, where the Governor will tackle media questions and explain the reasoning behind the committee’s decision.
RBI’s Monetary Policy Committee (MPC) led by Gouverneur Malhotra started his three -day deliberations on the next set of credit policy on Monday (April 7, 2025).
In February, the MPC reduced the REPO percentage by 25 basic points to 6.25%. It was the first reduction since May 2020 and the first revision after two and a half years.
Coincidentally, the MPC decision was announced on the day on which the mutual rate of US President Donald Trump starts.
Published – April 9, 2025 9:42 AM IS
