Try GOLD - Free

RBI may cut repo, keep policy stance unchanged: Poll

Mint New Delhi

|

April 07, 2025

A combination of easing inflationary conditions and tightening economic growth may prompt India's central bank to cut the policy rate in the upcoming meeting of its rate-setting panel, according to a Mint poll of 10 economists.

- Gopika Gopakumar

RBI may cut repo, keep policy stance unchanged: Poll

Added expectation: more rate cuts may happen this year than earlier anticipated.

The economists unanimously predicted that the Reserve Bank of India's (RBI) monetary policy committee (MPC) would announce a 25 basis points (bps) cut in the repo rate to 6% after it meets from 7 to 9 April, as inflation and growth estimates undershoot earlier forecasts. Further, economists from Barclays Bank did not rule out even a 35-bps cut.

It would be the second successive cut in repo rate after 7 February, when the MPC, headed by new RBI governor Sanjay Malhotra, finally cut the repo rate by 25 bps, the first such cut since May 2020. A basis point is one-hundredth of a percentage point, and the repo rate refers to the rate at which RBI lends money to commercial banks.

However, only three out of the 10 economists polled expect a change in policy stance to 'accommodative' from 'neutral' at present. An accommodative stance indicates RBI is ready to support growth by reducing interest rates.

MORE STORIES FROM Mint New Delhi

Mint New Delhi

Mint New Delhi

In a sea of tech talent, companies can’t find the workers they want

There has rarely, if ever, been so much tech talent available in the job market.

time to read

4 mins

October 03, 2025

Mint New Delhi

Mint New Delhi

H-1B clampdown may extend to US college faculty

Rising anti-immigration sentiment in the US is no longer confined to moves to limit foreign technology workers from entering the country. Lawmakers are now turning their attention to universities, professors and researchers as well.

time to read

2 mins

October 03, 2025

Mint New Delhi

Mint New Delhi

Govt scans e-commerce cos’ COD charges, refund delays

The government will examine if cash-on-delivery charges imposed by online retailers are aimed at nudging consumers to pay upfront, and why refunds are delayed or blocked if prepaid orders are cancelled, said two people aware of the matter.

time to read

2 mins

October 03, 2025

Mint New Delhi

Mint New Delhi

Why India's best students face a tough job market

Students entering this year's placement season are stepping into a rough job market.

time to read

2 mins

October 03, 2025

Mint New Delhi

GST boom ahead?

India's latest goods and services tax (GST) revenue figures paint an optimistic picture.

time to read

1 min

October 03, 2025

Mint New Delhi

FPIs pull record ₹2 tn on valuations, weak rupee

Heavy outflows could cap market gains; Nifty returns just 0.3% in dollar terms

time to read

2 mins

October 03, 2025

Mint New Delhi

Mint New Delhi

Hexaware sued for $500 million in US over patent breach

American IT services firm Natsoft Corp. has sued Hexaware Technologies Ltd for breach of contract and patent infringement, seeking $500 million in damages from the latter, in one of the biggest patent cases against an Indian IT firm.

time to read

3 mins

October 03, 2025

Mint New Delhi

Mint New Delhi

WHY INDIA IS SEEKING A NEW SUNRISE IN JAPAN

India missed out on Japanese investment in its initial post-reform years. That could change now

time to read

7 mins

October 03, 2025

Mint New Delhi

Art, play and a side of burgers

A Mint guide to what's happening in and around your city

time to read

1 min

October 03, 2025

Mint New Delhi

Mint New Delhi

Silicon screen: Movie guns bet on AI content

With increasing focus on and need for production of AI-generated content to scale pipelines and speak to younger audiences, many film industry veterans are exploring partnerships with companies specialising in AI or launching their own ventures.

time to read

1 mins

October 03, 2025

Listen

Translate

Share

-
+

Change font size