RBI Governor Sanjay Malhotra announces key monetary policy decisions

RBI Governor Sanjay Malhotra announced key decisions in the bi-monthly monetary policy. The repo rate has been reduced by 25 bps to 6.25%, marking the first rate cut in five years. The GDP growth forecast for FY26 is 6.7%, while inflation is expected to decline to 4.2%. Food inflation pressures are set to ease, and core inflation will stay moderate. RBI also introduced new internet domains for banks and non-banks. Amid global economic challenges, India’s economy remains resilient, with forex reserves at $630.6 billion. The next MPC meeting is scheduled for April 7-9. #RBI #MonetaryPolicy #RepoRate #Inflation #GDPGrowth #IndianEconomy #ForexReserves #Finance #EconomicUpdate Subscribe to PTI's YouTube channel for in-depth reports, exclusive interviews, and special visual stories that take you beyond the headlines. #PTIVideos PTI News : ptinews.com PTI Fact Check : ptinews.com/factcheck/factcheck.aspx PTI X (formerly Twitter): https://x.com/PTI_News PTI Instagram:   / ptinews_multimedia   PTI Facebook:   / presstrustofindia