BS EDIT: RBI shifts stance amid global volatility

By Business StandardPublished On Apr 10, 2025

RBI cuts repo rate to 6%

The Monetary Policy Committee trimmed the repo rate by 25 bps and adopted an accommodative stance

Inflation eases, outlook improves

Headline inflation has moderated; the RBI now pegs FY25 CPI at 4 per cent

Global trade shock deepens

US tariffs and falling global demand raise risks for India’s exports and growth

Growth forecast lowered

FY25 GDP estimate cut to 6.5 per cent; further downside risks persist

Limited room for easing

With currency risks looming, future rate cuts may be modest and data-driven

Market expectations need tempering

Large cuts are unlikely. RBI’s approach signals steadiness in uncertainty