Archive · 29 Sep 2025
RBI Meeting: Interest Rates Decision on the Horizon
The Reserve Bank of India (RBI) is meeting to decide if they should change the interest rate.
They set the interest rate that banks use to lend money.
If the rate goes down, borrowing money could become cheaper.
The meeting is happening now and the outcome will be announced on October 1.
Experts suggest a cut might happen because inflation seems to be under control.
RBI's Monetary Policy Committee (MPC) began a meeting in Mumbai today.
The meeting will decide on the repo rate, the interest rate at which RBI lends to banks.
The outcome of the meeting will be announced on October 1.
There are expectations of a rate cut due to moderating inflation.
SBI recommends a 25 basis points cut in the repo rate.
- Who
- RBI Monetary Policy Committee (MPC)
- What
- Meeting to decide on interest rates (repo rate).
- When
- Meeting started today, conclusion on October 1.
- Where
- Mumbai.
- Why
- To determine whether to adjust the repo rate.
- Meeting Date
- Started today
- Meeting Conclusion
- October 1
- Repo Rate
- Currently 5.5%
- SBI Recommendation
- 25 basis points cut
- October CPI
- Could drop to 1.1% (potentially)