Economy, Banking & Business
RBI keeps repo rate unchanged at 6.00%
Summary
The Reserve Bank of India (RBI) has decided to keep the repo rate unchanged at 6.00% for the eighth consecutive time. The decision was taken in the MPC meeting held from May 6 to May 8, 2025.
Key TakeawayRepo rate influences lending rates and overall economic growth.
Key Points
- Keeps borrowing cost for banks unchanged.
- Helps in maintaining economic stability.
- Supports growth while keeping inflation under control.
- Beneficial for home loans, EMIs and business loans.
Key Facts
- Repo Rate
- 6.00%
- Reverse Repo Rate
- 3.35%
- CRR
- 4.50%
- MPC Meeting
- May 6–8, 2025
Why it matters?
This decision impacts interest rates on loans and deposits, inflation, economic growth and overall financial stability.