What is the story about?
RBI MPC Meeting Live Updates: The Reserve Bank of India’s Monetary Policy Committee (MPC) on Friday (December 5) voted unanimously to reduce the repo rate by 25 basis points to 5.25%, while retaining a neutral policy stance. RBI Governor Sanjay Malhotra described the current economic conditions as a “rare Goldilocks period”, with strong growth and controlled inflation.
Watch this space for all the LIVE updates.
The
central bank also announced open market operations (OMO) purchases of ₹1 lakh crore in G-Secs and a three-year dollar-rupee buy-sell swap. Looking ahead, growth is expected to moderate slightly, while headline and core inflation are projected to remain at or below 4% during the first half of FY27, providing policy space for the RBI to support the economy.
Watch this space for all the LIVE updates.
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