RBI Policy Meeting: Key Takeaways From First MPC Meeting of FY25

RBI Policy Meeting: In the financial year 2024-25, the first time the RBI Monetary Policy Committee’s seat concluded on 5 April. It was said that the Central Bank makes MPC seats every two months, in which the decision is made on the repo rate. The MPC has consistently maintained the repo rate at 6.5% for the past 6 times and this time as well, the committee unanimously decided to keep the repo rate the same. 

RBI Policy Meeting What to Expect

The RBI's MPC may be influenced by the policies of the central banks of some developed nations, including the United States and Great Britain. Japan, the world's third-largest economy, raised interest rates by doing away with negative interest rates after eight years, despite Switzerland being the first major developed nation to lower the policy rate. Indian economists think the RBI will be able to lower interest rates earlier in the new fiscal year.