Reuters poll: RBI likely to hold repo rate at 5.50% on Oct 1 and through 2025

A Reuters poll of economists finds that the Reserve Bank of India (RBI) is expected to hold its key policy repo rate at 5.50 % on its October 1 meeting and maintain it through the rest of 2025. Survey respondents pointed to strong GDP growth, inflation within target range, and weak transmission of earlier rate cuts as reason for the expected pause. Some economists flagged external risks such as currency weakness and global trade uncertainty as limiting factors for further easing. Markets will closely watch the central bank’s forward guidance.