RBI MPC presser highlights: Low inflation opens up space for monetary policy easing, says governor
RBI MPC Meeting October 2025 highlights: At its last meeting, held from August 4 to 6, the RBI's MPC left the repo rate unchanged at 5.5 per cent; catch all the LIVE updates here
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RBI Governor Sanjay Malhotra said that rationalisation of the Goods and Services Tax (GST) will have a sobering impact on inflation (Photo: PTI)
RBI MPC meeting highlights: The Reserve Bank of India’s Monetary Policy Committee (MPC) kept the benchmark repo rate unchanged at 5.5 per cent. The October MPC meeting was held from September 29 to October 1. The remaining meetings for 2025-26 (FY26) are scheduled for December 3-5 and February 4-6, 2026. The MPC has decided to keep the monetary policy stance unchanged at 'neutral'.
The MPC, which includes three RBI officials and three external members, voted unanimously to keep the repo rate steady and maintained a “neutral” policy stance. RBI Governor Sanjay Malhotra raised India’s GDP growth forecast for FY26 to 6.8 per cent from 6.5 per cent and lowered the inflation outlook to 2.6 per cent from 3.1 per cent projected earlier.
1:00 PM
What did the RBI governor said on rupee reference rates?
Sanjay Malhotra stated that the central bank is reviewing a set of currencies to establish reference rates, beginning with the Indonesian Rupiah and the UAE Dirham (AED).
12:42 PM
RBI MPC presser LIVE: Banking system's ability to handle risks has improved, says Deputy Governor Rao
Banking system’s ability to handle risks has improved over a period, RBI Deputy Governor M Rajeshwar Rao said.
12:37 PM
Have taken calibrated, well thought-out measures for banking sector, says RBI governor
"We have taken balanced, calibrated, and well thought-out measures for the banking sector. Aim will be to promote stability of the system while enhancing growth of the economy," says RBI governor.
12:28 PM
Inflation down considerably, does open up space for monetary policy easing: RBI governor
"Raised GDP projection to 6.8 per cent for FY26 on the back of good economic activities in first half of this fiscal," says Governor Sanjay Malhotra.
12:24 PM
Hopeful of continuing with very high growth trajectory while maintaining price stability: RBI governor
Inflation-growth dynamics has changed and hence the policy language changed, RBI Governor Sanjay Malhotra said.
12:19 PM
RBI's stance is about forward guidance, has nothing to do with liquidity: RBI governor
There was a discussion to change monetary policy stance to accommodative from neutral, says Governor Sanjay Malhotra.
12:14 PM
Impact of global headwinds limited on Indian economy, says RBI Governor Sanjay Malhotra
The impact of global headwinds limited on Indian economy as ours is a demand-driven economy. RBI and the government will make all efforts to counter all global headwinds, RBI Governor Sanjay Malhotra stated.
12:10 PM
Growth revised downwards due to higher tariffs: RBI Governor Sanjay Malhotra
"Inflation has reduced considerably since June. That opens space for growth. There is a downward revision in GDP growth due to higher tariffs, some offset by GST cut," says RBI Governor Sanjay Malhotra
12:04 PM
RBI Monetary Policy 2025 LIVE: RBI Governor Sanjay Malhotra begins press conference
RBI Governor Sanjay Malhotra begins post-policy press conference
11:46 AM
MPC decison likely to lift consumer sentiment, says CBRE's Anshuman Magazine
“The RBI MPC's decision to hold the repo rate at 5.5% reflects a measured approach ahead of the festive season, and amidst volatile global macroeconomic and policy conditions. Along with the recent GST cuts and range-bound inflation, the announcement is likely to lift consumer sentiment and may encourage greater demand across key sectors in the coming weeks. In real estate, it signals a steady growth outlook and reinforces market confidence, offering long-term predictability to developers and homebuyers. Going forward, we expect the consumption to improve and market momentum to accelerate further,” Anshuman Magazine, chairman and CEO, (India, South-East Asia, West Asia and Africa), CBRE, said.
11:27 AM
RBI expands bouquet of free services for Basic Savings Bank Deposit accounts, says RBI governor
To help exporters, RBI to expand time frame for repatriation of funds from foreign currency accounts, says Governor Malhotra.
11:04 AM
RBI's Monetary Policy Committee keeps repo rate unchanged at 5.5%
The rate-setting panel of the Reserve Bank of India (RBI) on Wednesday decided to keep the repo rate unchanged at 5.50 per cent. Noting that India registered strong growth during the first quarter at 7.8 per cent, RBI Governor Sanjay Malhotra announced that the MPC has increased the growth forecast for the financial year 2025-26 to 6.8 per cent from the earlier 6.5 per cent. Read here for the detailed story.
10:50 AM
Total of 100 bps rate cut have led to 58 bps reduction in fresh loans, says RBI Governor Sanjay Malhotra
Credit growth continues to be supportive of real economic activity, RBI Governor Sanjay Malhotra said.
10:48 AM
Forex reserves at $700.2 billion: RBI governor Sanjay Malhotra
India's forex reserves at $700.2 billion, enough to cover 11 months of imports, RBI Governor Sanjay Malhotra said.
10:45 AM
RBI Monetary Policy 2025 LIVE update: Strong remittance expected to keep CAD sustainable, says RBI governor
Strong remittance expected to keep current account deficit sustainable in current fiscal, says Governor Sanjay Malhotra
Topics : Reserve Bank of India Sanjay Malhotra Economy and Policy RBI MPC Meeting MPC meet MPC RBI Policy loans
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First Published: Oct 01 2025 | 6:44 AM IST
