RBI MPC Meeting Live: RBI boss is more concerned about US tariffs’ impact on growth than inflation

Synopsis
RBI MPC Meeting Live News Updates: The Reserve Bank of India’s Monetary Policy Committee (MPC) on Wednesday announced the outcome of its first policy review of the new financial year, amid headline inflation showing signs of easing over recent months.

The rate-setting panel unanimously decided to reduce repo rates by 25 bps to 6% from 6.25%, while changing the stance too, from ‘neutral’ to accommodative.

Consequently, the standing deposit facility (SDF) rate under the liquidity adjustment facility (LAF) has been adjusted to 5.75 per cent and the marginal
standing facility (MSF) rate and the Bank Rate to 6.25 per cent.

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