RBI MPC Meeting Begins Today: Reserve Bank of India Likely To Announce 25 Bps Rate Cut on April 9 in Its 3-Day Monetary Policy Committee Meeting
RBI MPC metting started today, on April 7. The Reserve Bank of India will likely to announce a 25 bps rate cut on April 9 during its 3-day Monetary Policy Committee meeting.
Mumbai, April 7: As the Reserve Bank of India (RBI) began its Monetary Policy Committee (MPC) meeting (from April 7-April 9) here, SBI Research on Monday said it expects a 25-basis point rate cut in the policy and cumulative rate cut over the cycle could be at least 100 basis points, with two successive rate cuts over February and April.
With an intervening gap in June, the second round of rate cuts could start from August, said the SBI report. 슬롯사이트During February 2025 to March 2026, we expect at least 100 bps cut in repo rate (25 bps already cut in February 2025 and another 75 bps rest of FY26), which will transmit exactly same to EBLR and 60 bps in MCLR,슬롯사이트 the report mentioned.슬롯 머신 사이트 추천Indian Stock Market Today: Nifty and Sensex Trade Low Amid US Reciprocal Tariff Fears.
The report further stated that based on the available estimates of natural rate the neutral nominal policy rates works out at 5.65 per cent. 슬롯사이트Factoring in the average inflation envisaged and the output gap consequent upon different GDP scenarios, a cumulative policy rate reduction of 75-100 bps is likely going forward,슬롯사이트 it added. The RBI MPC decision announcement is scheduled for release on April 9, which will provide key insights into the Reserve Bank슬롯사이트s policy stance and India슬롯사이트s economic outlook.
CPI inflation may come down to 3.8 per cent in Q4 FY25 and average to 4.6 per cent in FY25. Average CPI inflation may come to 3.9-4.0 per cent in FY26 and core inflation should come around in the range of 4.2-4.3 per cent. 슬롯사이트Till September/October, headline inflation will be on downward trajectory but may increase thereafter. The US has imposed reciprocal tariff to many economies that is more than India슬롯사이트s.슬롯 머신 사이트 추천Cybercrime in India: Financial Fraud Tops Chart in Mizoram, Accounting for 56.38% of 321 Cases Registered Between January 2020 and March 11, 2025.
This will increase the fear of dumping into India by these countries resulting in lower inflation,슬롯사이트 said the report. Moreover, durable liquidity is likely to remain surplus in FY26, supported by several factors, like OMO purchase, RBI슬롯사이트s dividend transfer, BOP surplus of around USD 25-30 billion in FY26, the report mentioned.
(The above story first appeared on LatestLY on Apr 07, 2025 11:22 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).