Repo rate remains at 5.5 percent, what will be impact on EMI, 10 special things of monetary policy

Rbi monetary policy: The Reserve Bank of India on Wednesday decided to keep the major policy rate repo at 5.5 percent, considering the current situation. The RBI has also kept the monetary policy stance neutral and has reduced the estimate of inflation.

Due to the repo rate remaining unchanged, there is no possibility of change in interest on residence, vehicle and other retail loans. Repo is the interest rate on which commercial banks take loans from the central bank to meet their immediate needs.

Earlier, the central bank has cut the repo rate by one percent since February this year. In the monetary policy review of June this year, the repo rate was cut by 0.5 percent. In the monetary policy review of February and April, the repo rate was reduced by 0.25–0.25 percent.

10 special things of RBI monetary policy

-RBI Governor Sanjay Malhotra said that MPC has decided to retain the policy rate repo at 5.5 percent.

-RBI has retained the growth rate of GDP (GDP) growth for 2025-26 at 6.5 percent.

The estimate of retail inflation for the financial year has been reduced to 3.1 percent while earlier it was estimated to be 3.7 percent.

-Phet inflation remained stable at four percent as expected.

-Increase of industrial sector is dull and untrue.

-Ching the account deficit is estimated to remain at the durable level. Cash surplus in banking system.

-Public sector banks’ capital adequacy and cash -related financial norms are better.

-The interest and welfare of Indian citizens is our top priority.

-RBI will standardize the claim disposal in relation to the goods kept in the bank locker.

-Despite the funeral external environment, the Indian economy is moving on the path of stable growth with value stability

Edited by: Nrapendra Gupta