1. Policy Decision & Stance

   •    The Monetary Policy Committee (MPC) meeting became the 57 th meeting, which took place between Sep 29 and Oct 1, 2025.

   •    Repo Rate: Kept unchanged at 5.50%.

   •    Position: Adopted the stance of being neutral in order to have a balance between growth and stability.

1. Basic Partnership Details

• Organisations: RBL Bank Ltd and Life Insurance Corporation of India (LIC).
• The consensus: A bancassurance partnership.
• Purpose: To provide the products of the life insurance company LIC to the customer base of the RBL Bank.

1. New Regulatory Directions

• Publication date: 21 March 2012.
• Document: Basel III capital regulations - PDI in AT1 capital - the eligible limit of foreign currency / rupes denominated bond overseas directions, 2025.
• Effective Date: October 1, 2025.
• Legal Power: It is issued under Section 35A of the Banking Regulation Act, 1949.

1. Core Change: Replace Floating by Fixed Rate.

• Past Rule: This was required of lenders to provide this option.
• New Rule (Effective Oct 1, 2025): It is now discretionary on the part of the lender.
• Lender Policy: The right to change will be regulated by the policy that is approved by the Board of the lender, and the number of changes that can be made during the lending time.

1. Basic Announcement

• Published by: Reserve Bank of India (RBI).
• Source: Amendment to Lending Against Gold and Silver Collateral Directions, 2025.
• Effective Date: October 1, 2025.