RBI Keeps Repo Rate Unchanged at 5.25%; Home and Auto Loan EMIs Remain Steady

In the latest Monetary Policy Committee (MPC) meeting results announced by RBI Governor Sanjay Malhotra, the central bank decided to keep the repo rate unchanged at 5.25% with a neutral stance, bringing relief to borrowers as loan EMIs will remain steady.

Key Highlights:
- Interest Rates: The SDF rate is maintained at 5% and the MSF rate at 5.50%.
- GDP Projections: FY27 GDP growth estimate was upgraded from 6.6% to 6.7%, with Q1 projected at 7% and Q2 at 6.4%.
- Inflation Outlook: Retail inflation projection for FY27 was slightly reduced from 5.1% to 5%, despite ongoing global and domestic price pressures.