24 Nov 2025, Mon

Will home-car loan be cheaper again? RBI MPC meeting from today, know what to know


RBI Monetary Policy 2025: RBI (RBI) Monetary Policy Committee (MPC) meeting is going on in Mumbai to assess the Indian economic situation. There are 6 members in this committee. The committee will assess the economic situation and take a decision on the repo rate and other policy. RBI Governor Sanjay Malhotra will announce the decision of this meeting, which runs till 1 October.

During this meeting, members will discuss inflation, economic development and market status. Also, the situation in the last financial year will also be reviewed. The last meeting of the committee was held in August, in which the repo rate was kept stable at the rate of 5.5 percent. In June, 50 basis points were cut by 50 basis points and 25-25 basis points in February-April.

What do you say at the repo rate?

ICRA chief economist Aditi Nair believes that GST transform may reduce inflation in October-November 2025, but after that he has hoped to increase inflation. Nair said that GST improvement can increase demand. Due to which the repo rate is more likely to remain stable in the October meeting.

Gaura Sen Gupta, the chief economist of IDFC First Bank, said that the financial condition of the first quarter has been strengthened. In view of this, RBI will first take further decisions keeping in mind the impact of tax and GST cut. After the festive season, consumer demand and American tariff negotiations will be decided. If everything goes well and if the trade agreement is reached between the two countries, then the tariffs can be reduced by 25 percent.

Experts have said that the global economy will be slow due to American tariff. Due to which the demand is likely to weaken. India’s export and employment will be directly affected if the demand is weak. Although there will be some relief from the GST reform, the government will have to take steps at the economic as well as monetary level to improve this situation. Along with this, the government will also have to pay attention to other aspects of economic matters.

What will be the effect on inflation?

In the last meeting, the RBI kept it neutral, not making any changes in the repo rate. It is expected that the RBI will slowly start cutting the repo rate by the end of the year. Due to which loans will be cheap and money will increase in the market.

Experts believe that inflation may decrease in Financial Year 26. Recently, GST reforms have been brought by the government, which will be on positive impact inflation and will reduce the prices of things. India’s retail inflation was 2.07 percent in August 2025, although this figure was 1.61 percent in July. Indian experts believe that in this financial year, the domestic gross product (GDP) growth rate is likely to remain at 6.5 percent. Experts have said that if the positive result of the ongoing tariff negotiation with the US comes, then there will be no need for any change in the growth rate.

Also read: HDFC Bank gets a big shock, ban on creating new customers in Dubai

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