New Delhi, Oct 1 (NationPress) The Reserve Bank of India (RBI) unveiled a series of reform-driven initiatives following the conclusion of its monetary policy committee (MPC) meeting, which commenced on September 29 and wrapped up on Wednesday.

Key highlights from the RBI MPC include:

• To foster economic momentum while maintaining financial stability, the RBI opted to keep the repo rate steady at 5.50 percent.
• Amidst robust domestic growth fueled by strong consumption, increased investments, and governmental spending, alongside beneficial factors like a favorable monsoon and GST 2.0, the central bank has revised India's GDP growth projection for FY 2025-26 upwards to 6.8 percent, an increase from the prior estimate of 6.5 percent.
• The RBI has adjusted its CPI inflation forecast for FY 2025-26 down to 2.6 percent from 3.1 percent. The headline consumer price index (CPI) inflation has decreased for nine consecutive months, hitting an 8-year low of 1.6 percent in July 2025, before slightly rising to 2.1 percent in August, still within the RBI's inflation target range.
• The RBI plans to implement strategies to promote broader utilization of the Indian Rupee and local currencies in international trade transactions. Authorized Dealer banks in India and their foreign branches may be allowed to lend in Indian currency to residents of Bhutan, Nepal, and Sri Lanka.
• In the face of global trade uncertainties, India's merchandise exports increased by 2.5 percent (April–August 2025) while imports saw a growth of 2.1 percent. Services exports continued to exhibit double-digit growth, and in Q1 FY 2025-26, real exports and imports of goods and services grew by 6.3 percent and 10.9 percent, respectively.
• The RBI's governing body noted that from April to September of FY 2025-26 (up to September 26), Indian equity markets have consistently trended upwards.