The Monetary Policy Committee (MPC) held its 54th meeting from April 7 to 9, 2025 under the chairmanship of Shri Sanjay Malhotra, Governor, Reserve Bank of India. The MPC members Dr. Nagesh Kumar, Shri Saugata Bhattacharya, Prof. Ram Singh, Dr. Rajiv Ranjan, and Shri M. Rajeshwar Rao attended the meeting. The remaining meetings for this year are scheduled for June 4–6 / August 5–7 / September 29–October 1 / December 3–5, and February 4–6. Current Rate RBI Guv Announces Six Additional Measures : • Propose to enable the securitization of stressed assets; • Guidelines on co-lending are to be extended to all regulated entities on all loans. • Regulations for loans against collateral against gold; • Comprehensive guidelines on partial credit enhancement by regulated entities.. • NPCI, in consultation with banks and stakeholders, to get the freedom to revise the transaction limit for UPI in person-to merchant transactions from Rs 2,00,000. • Regulatory sound box to be theme-neutral, on-tap. Check out the latest GDP growth projections by the RBI Check out the latest CPI inflation projections by RBI |
Policy | Rate |
Policy Repo Rate | 6.00% |
Standing Deposit Facility (SDF) Rate | 5.75% |
Marginal Standing Facility (MSF) Rate | 6.25% |
Bank Rate | 6.25% |
Fixed Reverse Repo Rate | 3.35% |
GDP Growth Projections | Previous | Now |
FY26 | 6.7% | 6.5% |
Q1FY26 | 6.7% | 6.5% |
Q2FY26 | 7.0% | 6.7% |
Q3FY26 | 6.5% | 6.6% |
Q4FY26 | 6.5% | 6.3% |
CPI Inflation Projections | Previous | Now |
FY26 | 4.2% | 4.0% |
Q1FY26 | 4.5% | 3.6% |
Q2FY26 | 4.0% | 3.9% |
Q3FY26 | 3.8% | 3.8% |
Q4FY26 | 4.2% | 4.4% |