The Reserve Bank of India (RBI) will announce its monetary policy today. RBI’s Monetary Policy Committee (MPC) began its three-day meeting on Monday in Mumbai to review economic conditions and decide on key policy rates.  RBI Governor Sanjay Malhotra is scheduled to unveil the outcome of the meeting at 10 AM. The announcement is closely watched by markets, businesses, and policymakers, as it impacts borrowing costs, lending rates, and overall economic activity.

 

 

In the previous policy meeting held in August, the MPC had unanimously kept the repo rate unchanged at 5.50 per cent. Ahead of the current meeting, a report by the State Bank of India suggested that a 25-basis-point rate cut could be the most suitable option, given that inflation remains under control and the economic outlook indicates further moderation.