New Delhi: RBI maintains status quo on policy repo rate at 5.5%, driven by strong economic fundamentals, softening inflation, robust domestic demand and government capex.
We appreciate the RBI MPC decision to maintain status quo on the policy repo rate at 5.5%. This will boost India’s growth despite tariff related volatilities, said Hemant Jain, President, PHDCCI.
This RBI decision will maintain the standing deposit facility (SDF) rate at 5.25%, and the marginal standing facility (MSF) rate and the Bank Rate at 5.75%, he said.
The MPC has decided to maintain the neutral monetary policy stance driven by strong domestic economic conditions, he said.
Real GDP growth for FY 2025-26 is projected at 6.5%, and CPI inflation at 3.1%, he added.
Going forward, India will continue to grow resiliently and robustly, supported by strong macroeconomic fundamentals and price, financial and political stability, said Jain.
