1st Monetary Policy of FY25 Highlights MPC Decision: - Vot | ACEink Official

1st Monetary Policy of FY25 Highlights

MPC Decision:

- Vote: 5:1 majority
- Action: Maintaining rates at current levels
- Focus: Shifting towards withdrawal of accommodation

Key Rates:

- Policy Repo Rate: 6.50%
- Standing Deposit Facility Rate: 6.25%
- Marginal Standing Facility Rate: 6.75%
- Bank Rate: 6.75%
- Fixed Reverse Repo Rate: 3.35%

Statutory Requirements:

- CRR (Cash Reserve Ratio): 4.50%
- SLR (Statutory Liquidity Ratio): 18.00%

Other Notable Points:

- RBI Anniversary: Celebrated 90 years
- Resilience: Faced numerous challenges, remained at the forefront

RBI may commence repo rate cuts from October, It will wait to see monsoon status this year, then will take decision.

Overall it is expected that low interest rates scenario will start from this year ultimately positive for stock market.

#RBIMPC #RBI #rbipolicy