RBI’s Monetary Policy Committee has maintained status quo this time also as per market expectations. Policy repo rate remained unchanged at 5.25% and liquidity stance was also kept neutral. There were no major surprises in the policy, rather RBI has adopted a clear wait-and-watch approach. The GDP growth projection for the first half of FY27 has been revised slightly upward due to strong domestic demand and stable performance of the services sector. At the same time, the CPI inflation estimate has increased by about 10 basis points, which is mainly related to the high prices of precious metals. The positive thing is that core inflation is still under control. RBI’s focus remains on data-dependent decisions and growth support. Besides, important reforms like increasing lending limits for UCBs, relaxing housing loan norms and launch of Mission-SAKSHAM have also been announced.
RBI gave relief to the market, Repo Rate Unchanged. Money Live | RBI provides relief to the market, Repo Rate remains unchanged
