EconomyThursday, 14 May 2026·Reserve Bank of India
RBI keeps repo rate unchanged at 6.5% for the seventh consecutive time
Monetary Policy Committee maintains stance of 'withdrawal of accommodation' to anchor inflation at 4%.
Key highlights
The Reserve Bank of India's Monetary Policy Committee (MPC) voted 5-1 to keep the policy repo rate unchanged at 6.50%.
- Repo rate: 6.50% (unchanged for the 7th straight meeting)
- SDF rate: 6.25% | MSF & Bank Rate: 6.75%
- Stance: Withdrawal of accommodation — to align CPI inflation with the 4% target.
- FY24 GDP forecast: 7.0%; FY25 projected at 7.0%.
- CPI inflation forecast: 4.5% for FY25.
TNPSC angle: Indian Economy — banking, monetary policy instruments, RBI functions. Frequently tested in Group 1 prelims and mains.