New Delhi: The Reserve Bank of India has not given any relief this time. RBI has not made any change in the re-rate rate. Earlier, the  RBI had cut the rerate rates three times. In the new order, the repo rate has been kept stable. It means that the EMI of those who have taken loans from banks will not be affected in any way.

It is usually seen that when the rerate rates are cut by the RBI, the banks also reduce the interest rates on the loans. But now this will not happen. The repo rate is the interest rate at which the RBI provides loans to banks. Commercial banks pay interest to the RBI. On the other hand, inflation rates are also stable.

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Big update on inflation rate

Reserve Bank of India Governor Sanjay Malhotra has said a big thing in his address. He said in his address that core inflation is stable at around 4%. Rural consumption is unstable. Along with this, Consumer Price Index (CPI) inflation (retail inflation) is likely to be 3.1% for the financial year 26. Retail inflation is expected to remain at 4.9 per cent for FY27.

According to the RBI governor, it was said that 6.5% real GDP growth is expected for the current year. Real GDP growth is expected to be 6.6% for the coming financial year. The RBI governor said that geopolitical uncertainties have reduced, but the pressure on global trade from tariffs is still active.

Announced in the meeting

Reserve Bank of India Governor Sanjay Malhotra has surprised by announcing the results of the RBI MPC meeting. He said that the merchandise trade deficit has increased further in the first quarter. System liquidity has been seen in surplus since the last MPC meeting.

This is in contrast to the average system liquidity of Rs 1.6 lakh crore per day in the last two months. At the same time, he said that the reduction in CRR (Cash Reserve Ratio) of 100 announced after the last meeting can further improve the liquidity situation.