The Reserve Bank of India’s Monetary Policy Committee (MPC) met this week to discuss the possibility of reducing the repo rate by 25 basis points to 6% due to the current trend of easing inflation. The decision, which takes into account global economic challenges and the potential effects of US tariffs, is scheduled to be announced on April 9, 2025. The MPC’s meeting aims to strike a balance between supporting economic growth and managing inflationary pressures. By potentially lowering the repo rate, the RBI hopes to stimulate borrowing and spending, which could boost economic activity in India. Stay tuned for the official announcement on the outcome of the MPC’s deliberations on April 9th, as it could have significant implications for the country’s financial landscape.