Major Decisions of the Monetary Policy Committee (MPC) and the RBI
4. The Monetary Policy Committee (MPC) met on the 3rd, 4th and 5th of December
to deliberate and decide on the policy repo rate. After a detailed assessment of the
evolving macroeconomic conditions and the outlook, the MPC voted unanimously to reduce the policy repo rate by 25 basis points (bps) to 5.25 per cent with immediate
effect. Consequently, the standing deposit facility (SDF) rate under the liquidity
adjustment facility (LAF) shall stand adjusted to 5.00 per cent and the marginal
standing facility (MSF) rate and the Bank Rate to 5.50 per cent. The MPC also decided
to continue with the neutral stance.