The Monetary Policy Committee (MPC) of the RBI on Wednesday (April 9, 2025) unanimously decided to reduce repo rate by 25 basis points to 6%. It has also changed its stance from ‘neutral’ to accommodative.
The real GDP 2025-26 is forecasted at 6.5%, while the CPI inflation for the same financial year is projected at 4%.
RBI Governor Sanjay Malhotra made the announcements at the first bi-monthly monetary policy of the current fiscal on Wednesday (April 9, 2025).
This will be followed by a post-policy press conference at 12:00 p.m., where the governor will address media queries and explain the rationale behind the committee’s decision.
In February, the MPC slashed the repo rate by 25 basis 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 has been announced on the day when US President Donald Trump’s reciprocal tariff kicks in.
Published – April 09, 2025 09:42 am IST
