Governor Sanjay Malhotra on Wednesday revealed that the central bank has opted to maintain a status quo on key repo rates. Sharing the decision of the Reserve Bank of India’s Monetary Policy Committee (MPC) today morning, the governor said that the panel decided to keep the key rates unchanged unanimously.
The panel maintained its policy stance as ‘Neutral’. Currently, the repo rate stands at 5.5 per cent.
Notably, the RBI MPC began its three-day review on Monday with markets keenly watching the decision on benchmark lending rates. The repo rate now stands at 5.50 per cent.
The RBI has already delivered cumulative rate reductions of 100 basis points since February 2025 to boost economic momentum. In the August policy meeting, the MPC had left rates unchanged after a series of earlier cuts.