Outlook Business Desk
RBI reduced repo rate by 25 bps, bringing it down from 6.25% to 6% in its latest policy review.
MPC changed its policy stance from neutral to accommodative to support growth amid trade tensions.
GDP projection for FY26 has been revised down from 6.7% to 6.5% by the RBI due to external risk.
The Consumer Price Index inflation forecast was reduced from 4.2% to 4.0%, reflecting easing price pressures.
System liquidity remained surplus in January 2025, with a daily average of over Rs 3.1 lakh crore, reflecting comfortable liquidity conditions in the banking system
RBI projected GDP growth at 6.5% in Q1, 6.7% in Q2, 6.6% in Q3, and 6.3% in Q4 of FY25-26
The RBI announced that the per-transaction limit for peer-to-peer (P2P) payments will remain unchanged at Rs 1 lakh, maintaining the existing cap for digital transactions.
RBI stated that the NPCI will decide on transaction limits for merchant payments made via UPI. This means the existing per-transaction cap may vary depending on merchant categories.