RBI MPC meeting live updates: RBI Governor Shaktikanta Das will announce the monetary policy committee’s decision on the repo rate live in 30 minutes.

RBI MPC meeting live updates: RBI Governor Shaktikanta Das’ monetary policy announcement will be streamed live on the RBI’s official YouTube channel as well as social media platforms including Facebook and X (Formerly Twitter).

RBI MPC meeting live updates: Kirang Gandhi, Personal Financial Mentor said, “As the market braces for an anticipated rate cut by the RBI, it presents a prime opportunity for investors to adjust their debt portfolios accordingly. Long-duration funds, including gilt funds, are susceptible to interest rate changes and typically see a significant rise in NAV when bond yields decline.

A 50-75 bps rally is predicted and thus, it may be better to shift toward these funds for those looking to maximize returns. For investors anticipating a low-interest-rate environment in 2025, gradually increasing allocations to long-duration funds could be a strategic move now.”

RBI MPC meeting live updates: Suman Chowdhury, Executive Director & Chief Economist, at Acuitè Ratings said, “India’s economic growth has shown clear signs of strain. The Q2FY25 GDP growth rate slumped to 5.4%, a sharp deviation from the projected 6.5% and marking the slowest growth in seven quarters.

However, there are also reasons to be optimistic on other fronts. The agricultural sector, which had been sluggish in the previous fiscal year, has started to rebound amidst a favourable monsoon. The sector grew by 3.5% in Q2FY25, offering a much-needed lifeline for rural India. This sector’s recovery is expected to bolster the rural economy in the current fiscal, providing a boost to private consumption.

In lieu of the latest print, we have downgraded our growth forecasts to 6.4% for FY25. We will await RBI’s commentary on the growth scenario given its earlier optimism; it continued to peg its growth forecast for FY25 at 7.2% till Oct-24; the extent of the downward growth revision will be an important indicator of the speed of transition from hawkishness to dovishness.”

RBI MPC meeting live updates: At the previous MPC meeting in October 2024, the RBI decided to keep the repo rate unchanged at 6.5%.

RBI MPC meeting live updates: India’s inflation surged to 6.2% in October 2024, breaching the RBI’s tolerance limit and gross domestic product (GDP) growth slowed down to 5.4% for the July-September quarter, making the December 2024 monetary policy having to consider both of these factors.

RBI MPC meeting live updates: This may be the final MPC with Governor Shaktikanta Das at the helm as his term ends this month. However, it is unknown if he will continue in office or not since he got an extension in 2021 after being appointed in December 2018.

RBI MPC meeting live updates: RBI governor Shaktikanta Das will announce the monetary policy committee’s (MPC) decision on the repo rate at 10 am on Friday, December 6.