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Bloomberg Quint

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RBI Monetary Policy: Repo Rate Cut By 25 Basis Points To 6%, Growth Forecast Trimmed

  • The Reserve Bank of India (RBI) has cut the repo rate by 25 basis points to 6% and changed its stance from neutral to accommodative.
  • This is the second rate cut in a row, following the first one in February.
  • The RBI noted that inflation is currently below the target, while growth forecast for 2025-26 is projected at 6.5%.
  • The outlook for food inflation is positive, and assuming a normal monsoon, CPI inflation for 2025-26 is projected at 4%.

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