RBI Monetary Policy Live Updates

Unchanged Repo Rate at 6.5%

The RBI retained its real GDP growth projection for FY25 at 7.2%. The quarterly breakdown is: – Q1FY25: 7.1% – Q2FY25: 7.2% – Q3FY25: 7.3% – Q4FY25: 7.2%

GDP Growth Projections for FY25

Revised downward to 7.1% from 7.3% 

Q1FY25 GDP Projection

– Q2FY25: 7.2% – Q3FY25: 7.3% – Q4FY25: 7.2%

Subsequent Quarters Projection

The RBI maintained its Consumer Price Index (CPI) inflation forecast for FY25 at 4.5%, 

Inflation Forecasts

The quarterly breakdown of the inflation forecast is: – Q1FY26: 4.4%

Quarterly Inflation Projections

Repo Rate unchanged was made by a 4:2 majority.

Decision Making in the MPC

Repo Rate unchanged was made by a 4:2 majority.

Decision Making in the MPC