Please upgrade your browser

We take your security very seriously. In order to protect you and our systems, we are making changes to all HSBC websites that means some of the oldest web browser versions will no longer be able to access these sites. Generally, the latest versions of a browser (like Edge, Chrome, Safari, etc.) and an operating system family (like Microsoft Windows, MacOS) have the most up-to-date security features.

If you are seeing this message, we have detected that you are using an older, unsupported browser.

See how to update your browser

RBI Monetary Policy Update - February 2025

MPC decided to lower the policy Repo Rate by 25 bps to 6.25 per cent
14 February 2025
    Local Market Commentary
    Download the full reportPDF, 281.95KB

    RBI Monetary Policy Update - February 2025

    The RBI-MPC policy outcome broadly meets market expectations with consensus expecting a 25 bps rate cut with stance as neutral. However, on the liquidity front, the RBI has somewhat disappointed the markets with expectations around OMO purchases or other measures similar to those announced on January 27, 2025 to quench the system liquidity deficit. On the exchange rate, the Governor emphasised that the FX interventions are to smoothen out volatility and does not target any specific level or band.

    Related articles

    Back to top