RBI governor Sanjay Malhotra says that the Monetary Policy Committee (MPC) has decided to cut the benchmark repo rate by 25 basis points to 6%.

RBI monetary policy 2025 live updates: The new fiscal year has begun on an anxious note, says RBI governor in his address.

RBI monetary policy 2025 live updates: Governor Sanjay Malhotra’s address has started.

RBI monetary policy 2025 live updates: The Reserve Bank of India (RBI) is set to unveil its first monetary policy decision for FY26 shortly. The announcement will be made at 10am by RBI Governor Sanjay Malhotra.

RBI monetary policy 2025 live updates: Experts are of the view that the RBI will again reduce the rate by 25 bps on Wednesday against the backdrop of moderating inflation and the need to stimulate growth as Trump tariffs pose severe challenges to the global economy.

“We expect the RBI to deliver a 25 bps repo rate cut in April, taking the repo rate to 6 per cent. We also expect it to discuss/implement steps that help sustain liquidity at surplus levels. We believe the RBI may lower its growth and inflation forecasts,” an HSBC Global Research report says, according to PTI.

Goldman Sachs, too, expects a 25 bps repo rate cut in today’s announcement.

RBI monetary policy 2025 live updates: Markets open in red in early trade. Sensex is down by 255 points to 73,971.59. Nifty falls 102 points to 22,433.50.

In its last policy review in February, the RBI lowered the benchmark repo rate by 25 basis points to 6.25%, its first rate cut in nearly five years. The repo rate is the interest rate at which the central bank lends money to commercial banks.

The Monetary Policy Committee (MPC), chaired by RBI Governor Sanjay Malhotra, held deliberations from April 7 to 9, with the policy announcement expected later today.

The Reserve Bank of India (RBI) is set to unveil its first monetary policy decision for FY26 today. The announcement will be made at 10am.