RBI MPC Meeting Highlights: Repo rate unchanged at 5.5%, announces RBI governor Sanjay Malhotra; GDP growth outlook revised up to 6.8%, flags risks due to US tariffs

RBI MPC Meeting Highlights: The Reserve Bank of India (RBI) governor Sanjay Malhotra-led Monetary Policy Committee (MPC) announced that the repo rate has been kept unchanged at 5.5% in its October policy review. The RBI has cut the repo rate by 1% or 100 basis points this year from 6.5% to 5.5%, bringing down EMIs for the common man. This is the first RBI monetary policy meeting since Donald Trump’s 50% tariffs on India came into effect. RBI governor Sanjay Malhotra’s commentary on India’s GDP growth outlook in light of the stalemate on India-US trade deal would be an important point to watch out for the market.Most economists expected the RBI to maintain status quo on the repo rate as global economic uncertainty persists. However, some believed that with the Consumer Price Index (CPI) inflation being benign and well within MPC’s target range, the central bank may surprise with a 25 basis points rate cut. Track TOI’s live coverage to know the latest from RBI’s monetary policy for October 2025: