Money Market Operation - Reserve Bank of IndiaMoney Market Operation The RBI has cut the repo rate by 1% or 100 basis points this year from 6.5% to 5.5%, bringing down EMIs for the common man. The Monetary Policy Committee (MPC), in its 54th meeting and the first of the financial year 2025–26, unanimously decided to reduce the policy repo rate by 25 basis points, bringing it down to 6 per cent with immediate effect. The Repo Rate is the interest rate at which the RBI allows commercial banks to borrow funds against various collaterals. Learn about its meaning, differences, and impact.
