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News India Live, Digital Desk: The first bi-monthly meeting of the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) for the financial year 2026-27 today, 8 April 2026 Completed on. RBI Governor Sanjay Malhotra While announcing the results of the meeting, it has made it clear that at present the debt burden on the common man’s pocket will neither increase nor decrease.
RBI’s big decision on repo rate
RBI for the third consecutive time Repo rate fixed at 5.25% Have decided to keep.
Repo Rate: 5.25% (no change)
Reverse Repo Rate: 3.35%
SDF (Standing Deposit Facility): 5.00%
MSF (Marginal Standing Facility): 5.50%
Policy Stance: ‘Neutral’ remains intact
What will be the impact on your EMI?
Since RBI has not made any change in the repo rate, your EMI of Home Loan, Car Loan and Personal Loan It will remain stable for now.
For new loan takers: Interest rates will remain the same as they have been for the last few months.
For existing borrowers: If your loan is linked to the repo rate (EBLR), there will be no change in your installments. However, banks may make minor changes depending on their internal costs, but major changes are not expected.
Inflation and GDP estimates
Governor Sanjay Malhotra said that there is uncertainty due to the ongoing global tension between Iran, America and Israel:
GDP Growth: Growth rate estimate for financial year 2026-27 6.9% Is placed.
Inflation: Estimate of retail inflation rate 4.6% has been applied.
Crude Oil: There is volatility in crude oil prices due to the crisis in West Asia, which is being closely monitored by the RBI.
Why haven’t the rates been reduced?
The market was hopeful that RBI might cut rates in view of softening inflation. But the Governor clarified that US-Iran war Due to this, there may be problems in the supply chain and the prices of crude oil may increase again. Therefore, RBI has kept the rates stable by adopting the policy of ‘Wait and Watch’.