RBI Governor Sanjay Malhotra delivers the MPC statement (PTI)
RBI Repo Rate Cut, RBI Monetary Policy Meeting October 2025 Today Live Updates: The Reserve Bank of India kept the repo rate unchanged at 5.5 percent on Wednesday. Further, RBI Chief Sanjay Malhotra announced that the MPC has decided to keep monetary policy stance unchanged at ‘neutral’. This is the second consecutive time that the repo rates have been kept unchanged. This is a crucial MPC meeting as it comes after the additional tariffs imposed by US President Donald Trump on essential commodities.
Repo rate remains steady: The repo rate by RBI remained steady at 5.5 percent on Wednesday, as announced by Governor Sanjay Malhotra. In its previous meeting held in the first week of August, the RBI kept the repo rate unchanged and kept its stance on the monetary policy as neutral. This followed three consecutive cuts totaling 100 basis points across February, April, and June 2025, bringing the repo rate down from 6.5 percent.
GST reforms, US tariffs a factor: The RBI MPC meeting decision comes at a time when the new GST reforms got implemented, cutting down tax on daily use items and commodities. Other factors like additional tariffs by the US government, and the fee hike of H-1B visa are likely to played a role in influencing the decision of the Reserve Bank of India.