RBI MPC 2025: Malhotra & co. expected to favour repo rate pause after robust Q2 GDP numbers, says SBI Research

The Reserve Bank of India is likely to maintain the repo rate at its upcoming December meeting. Strong GDP growth of 8.2 percent in the July-September quarter supports this outlook. Expectations for a rate cut have diminished. The Monetary Policy Committee previously kept the repo rate steady at 5.5 percent. Inflation has moderated significantly, aiding this decision.