Bharat Express DD Free Dish

Repo Rate

Indian stock markets opened in positive territory on Monday as the RBI’s MPC meeting commenced to review the key policy rate.

The recent GST rate cuts can further lower inflation if companies pass on the benefits to consumers, an HSBC report said on Thursday.

The Reserve Bank of India (RBI), under Governor Sanjay Malhotra, has announced that the repo rate will remain unchanged at 5.5%.

The Reserve Bank of India is expected to slash the repo rate by 25 basis points in the Monetary Policy Committee (MPC) meet in August.

On Friday, the Indian stock market traded almost flat after the Reserve Bank of India (RBI) announced a 25 basis points (bps) cut in the repo rate.

On Friday, the Indian stock market closed flat following the RBI's Monetary Policy Committee (MPC) decisions on the repo and CRR rates.

The RBI has opted to keep the repo rate steady at 6.5% for the 11th straight time, reinforcing its neutral monetary policy stance.

On Wednesday, the RBI's MPC decided to maintain the repo rate at 6.5% and upheld its GDP growth forecast for India at 7.2% for FY25.

Experts expect the RBI to maintain the repo rate as its Monetary Policy Committee begins a three-day meeting amid global uncertainties.

In a move to sustain economic growth while keeping inflation in check, the RBI opted to maintain the key policy repo rate at 6.5%.