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Next month RBI can provide relief in loan EMI. The research agency, which sets such a credibility, has been told in its forecast from India Ratings and Research. He said on Thursday that RBI’s Monetary Policy Committee can cut the major policy rate repo by 0.25% in its review meeting in April."Text-Align: justify;"> & nbsp; RBI has announced the date of the meeting of the Monetary Policy Committee to be held in Financial Eyer 2026. This meeting will be held on 7, 8 and 9 April. The policy rate will be announced on 9 April by the Reserve Bank.
Devendra Kumar Pant, Chief Economist and Public Finance Head of India Ratings, said, & lsquo; & lsquo; We hope that in the financial year 2024-25 gross inflation will be reduced to 4.7 percent. In the financial year 2025-26, monetary policy can be cut by up to 0.75 percent in total. & Rsquo; & rsquo; He said that however, if the impact of US counter -duty is more than expected, then the RBI can relax more on the monetary policy front.
RBI did not make any changes in the major policy rate repo for a long time due to high inflation. The central bank had increased the policy rate from 2.50 percent to 6.5 percent between May, 2022 and February 2023. In February 2025, it was reduced by 0.25 percent to 6.25 percent. India Ratings hopes that retail inflation will fall below four percent after a gap of 21 quarters in the March quarter of FY 2024-25. He hopes that RBI can cut the policy rate by 0.75 percent in FY 2025-26 by 0.75 percent.
& nbsp; India Ratings said, & lsquo; & lsquo; In February, 2025, there is a total reduction in the repo rate with a total reduction with policy rate. This will give the repo rate 5.5 percent and average inflation will be about four percent. That is, the actual repo rate in FY 2025-26 will be 1.5 percent. & Rsquo; & rsquo; The rating agency said that the details of MPC’s meeting held in February 2025 show that the RBI is aware of the slow growth. This shows that low and stable inflation is the main goal of RBI, but monetary policy will be focused on supporting growth through monetary policy.
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