RBI monetary policy 2025 live updates: US tariff impact much less on India, says RBI governor

RBI monetary policy 2025 live updates: “The Impact of US tariff hike is much less on India than others; we have a comparative advantage,” says RBI governor in the post-policy presser.

RBI monetary policy 2025 live updates: RBI Governor Sanjay Malhotra says that the Central bank has reduced India’s growth rate estimate primarily because of tariff-related uncertainties, reports PTI.

RBI monetary policy 2025 live updates: “More than inflation, we are concerned about tariff impact on growth,” says RBI Governor Sanjay Malhotra.

RBI monetary policy 2025 live updates: “A Reduction in repo rate by 25bps and bringing it to 6%; RBI’s decision was largely on the expected lines. Amid high market volatility and recent tariff hikes, this move will positively impact the country’s economy, further affecting the real estate market, too,” says Dr. Gautam Kanodia, founder of KREEVA and Kanodia Group.

“Considering the market dynamics, this reduction would reduce home loan rates, urging more first-time buyers to invest in new property and encouraging developers to lead new projects and expand their developments in emerging areas. This will definitely provide a lift to the real estate market and support broader economic growth,” he adds.

RBI monetary policy 2025 live updates: Binod Kumar, MD & CEO, Indian Bank, says that RBI’s 25 basis points reduction in the repo rate to 6% is a timely intervention.

“Change in stance to accommodative is sentimentally positive allowing room for better liquidity and growth. Together, they will support both MSME and retail demand. The MSME sector which contributes nearly 30% to India’s GDP and accounts for over 40% of exports will benefit from this move as it will ease credit costs and improve cash flows which are critical for recovery and growth in the evolving market dynamics,” he adds.

RBI monetary policy 2025 live updates: Harsh Gupta, CEO of Sundream Group, says: “The Reserve Bank of India’s decision to reduce the repo rate by 25 basis points to 6% marks the second consecutive cut this year, underscoring its commitment to stimulating economic growth amid global trade tensions.”

He adds: “This move is expected to lower borrowing costs, providing a favorable environment for sectors like real estate to thrive. By making credit more affordable, it encourages investment and development, potentially leading to increased activity and stability within the industry.”

RBI monetary policy 2025 live updates: “We welcome the RBI’s decision to reduce the repo rate by 25 basis points to 6.00%. At a time of global economic volatility caused by increasing tariffs and geopolitical tensions , this move reflects a continued shift toward a pro-growth stance amid easing inflation and a stabilizing macroeconomic outlook. With CPI inflation expected to moderate to 4.5%, the rate cut is well-timed to uplift consumer sentiment and enhance borrowing capacity—especially in the housing sector. It is likely to improve home loan affordability, stimulate housing demand, and provide a strong impetus to the mid-income and affordable segments, where interest rate sensitivity remains high,” says Boman Irani, president, Confederation of Real Estate Developers’ Associations of India (CREDAI).

RBI monetary policy 2025 live updates: RBI Governor Sanjay Malhotra on Wednesday announced the decision after the MPC’s three-day meeting held on April 7, 8, and 9.

Here are the key announcements:

• The RBI has announced a 25-basis-point cut in the repo rate, reducing it from 6.25% to 6%.
• The central bank has lowered the real GDP growth forecast for FY25-26 to 6.5% from 6.7% (announced in February) due to global uncertainties.
• The bank has lowered the inflation projection for the current fiscal to 4% from 4.2%, taking into account good agricultural output and falling crude prices.
• The RBI has decided to change its policy stance to ‘accommodative’ from ‘neutral’.
• Food inflation dropped to a 21-month low of 3.85 in February, the RBI said.

RBI monetary policy 2025 live updates: “The global economic outlook is fast changing. The recent trade tariff-related measures have exacerbated uncertainties clouding the economic outlook across regions, posing new headwinds for global growth and inflation,” RBI governor Sanjay Malhotra said in his address.

He added: “Amidst this turbulence, the US dollar has weakened appreciably; bond yields have softened significantly; equity markets are correcting; and crude oil prices have fallen to their lowest in over three years.”

RBI monetary policy 2025 live updates: CPI inflation for the financial year 2025-26 is projected at 4%, with Q1 at 3.6%; Q2 at 3.9%; Q3 at 3.8%; and Q4 at 4.4%.

RBI monetary policy 2025 live updates: The Central bank’s decision of cutting the repo rate by 25 bps is a timely and positive step, says NAREDCO president G Hari Babu.

“The RBI’s decision to bring down the repo rate by 25 basis points and adopt an accommodative stance is a timely and positive step for the real estate sector. Lower interest rates translate into more affordable home loans, which will likely spur housing demand across various categories,” he says.

“This move is expected to lead to higher residential sales, better liquidity in the market, and a gradual clearing of unsold inventory—giving developers the confidence to launch new projects.”

RBI monetary policy 2025 live updates: The RBI has cut the repo rate by 25 basis points to 6%, offering relief to borrowers with likely reductions in loan EMIs.

RBI monetary policy 2025 live updates: The RBI has lowered its inflation projection for FY26 from 4.2% to 4%.

The quarter-wise projection stands at:

Q1 at 3.6%

Q2 at 3.9%

Q3 at 3.8%

Q4 at 4.4%

RBI monetary policy 2025 live updates: RBI Governor Sanjay Malhotra says that the MPC has lowered the real GDP growth forecast for FY25-26 to 6.5% from 6.7% (announced in February) due to global uncertainties.

RBI monetary policy 2025 live updates: RBI Governor says that the real GDP is projected for FY25-26 at 6.5%. The quarter-wise projection stands at:

Q1- 6.5%

Q2- 6.7%

Q3- 6.6%

Q4: 6.3%

RBI monetary policy 2025 live updates: Governor Sanjay Malhotra says that the MPC has decided to change its policy stance to ‘accommodative’ from ‘neutral’.

RBI monetary policy 2025 live updates: “On inflation front, while sharper than expected decline in food prices has given us comfort, we remain vigilant to possible risks from global uncertainty and weather disruptions,” says RBI Governor Sanjay Malhotra.

RBI monetary policy 2025 live updates: This is the RBI’s second repo rate cut in a row. 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.

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.