RBI to deliver MPC Statement at 10 am today:Analysts peg at maintenance of status quo ; currently repo rate stands at 5.50 per cent

The Reserve Bank of India (RBI), governor, Sanjay Malhotra, is all set to deliver the Monetary Policy Committee (MPC) statement on repo rate at 10 am on Wednesday, October 01, 2025. Additionally, Malhotra will also brief media about other decisions taken by the committee in the three-day meet which kick-started on Monday. According to most of the analysts, the apex bank is likely to maintain the status quo on the repo rate, which currently stands at 5.50%. Albeit, some analysts have opined that the central bank should go for another round of rate cut of 25 bps to provide more boost to the economy during the ongoing festive season. The top bank had jumped onto the rate-slashing trajectory in February 2025 after it had held the rates steady at 6.50% in the preceding two years. Before February 2025, the rate-setting committee had last revised the rates in February 2023 when it had increased the policy rate from 6.25% to 6.50%. Repo rate trajectory since Feb 2023 During the first MPC meet of the current calendar year in February 2025, the RBI had slashed rates by 25 bps. Then, again in the April, the rate-setting committee had revised downwards the key benchmark policy rate by further 25 bps. And, in the June meet, the central bank leaped forward and announced a jumbo rate cut of 50 bps. Since then, the top bank has held rates steady at 5.50%. RBI’s MPC meet schedule decisions taken on repo rate: Neutral stance: During the last MPC meet in June 2025, the RBI had changed its stance from accommodative to neutral. The MPC’s neutral stance means that the central bank is open to either increase or decrease the benchmark policy rate depending on the situation on the ground. While, accommodative stance means that the apex would look to either maintain status quo on the repo rate or slash it.