RBI MPC keeps repo rate unchanged at 5.25%, maintains 'neutral' stance

Business Standard
2026.04.07 20:33
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The Reserve Bank of India’s Monetary Policy Committee (MPC) has decided to keep the repo rate unchanged at 5.25% during its first policy meeting for FY27. The committee maintained a 'neutral' stance amid rising crude oil prices and rupee depreciation due to ongoing conflicts in West Asia. The standing deposit facility rate remains at 5%, while the marginal standing facility and bank rates are set at 5.5%. This decision follows a previous rate maintenance in February 2026 after cumulative cuts of 125 basis points in 2025.