Economy & Business
MPC holds the repo rate at 5.50 per cent
The MPC held the repo rate at 5.50% on 1 October 2025 and raised the 2025-26 growth forecast to 6.8%.
The Monetary Policy Committee's 57th meeting, from 29 September to 1 October 2025, left the repo rate unchanged at 5.50 per cent and kept the stance neutral.
The Reserve Bank raised its growth forecast for 2025-26 to 6.8 per cent, from 6.5 per cent, and cut its CPI inflation forecast to 2.6 per cent, from 3.1 per cent. It named the GST rate cuts of September 2025 among the reasons demand would hold up. The current account deficit had narrowed to 0.2 per cent of GDP in April–June 2025, from 0.9 per cent a year earlier.