The Reserve Bank of India will keep its key interest rate at 5.50 per cent on October 1 and for the rest of the year, according to a Reuters poll of economists, as the central bank gauges the impact of past rate cuts on the economy.
Thanks to heavy government spending, India's economy grew a stronger than expected 7.8 per cent year-on-year last quarter. Meanwhile, private investment continues to lag, suggesting the RBI's measures to ease policy haven't fully filtered through the economy yet.
While inflation in Asia's third-largest economy has stayed within the RBI's 2-6 per cent target since November, the rupee has weakened against the US dollar and has the potential to change that by making imports more expensive.
Global risks are adding to uncertainty. Trade tensions with the United States and new visa criteria have clouded the economic outlook, pushing the rupee to record lows and prompting investors to pull out of Indian assets.
The Monetary Policy Committee, which unanimously decided to hold rates in August, will maintain that call at its September 29-October 1 meeting, according to a near three-quarters majority of economists, 45 of 61, in the September 19-24 Reuters poll. The remaining 16 predicted a 25-basis-point cut.
Also Read
Product Name | Category | Price |
---|---|---|
Laptop X1 | Electronics | $1200.00 |
Desk Chair Pro | Furniture | $350.00 |
Wireless Mouse | Accessories | $25.00 |
"I don't expect any rate cut because the RBI has already made its stance very clear that monetary policy has only a limited impact on pushing the growth rate," said Madhavankutty G, chief economist at Canara Bank.
"Private capex has not yet started picking up because wage growth has been fairly stagnant and there are also concerns about job stability."
That caution showed in forecasts with a slim majority of economists, 26 of 50, expecting rates to remain unchanged until at least the end of 2025, a shift from an August poll when most predicted at least one cut by year-end.
The median forecast now shows a 25-basis-point reduction in the first quarter of 2026, though there was no clear consensus beyond that.
Company | Ex-date | Purpose | Record date |
Acceleratebs India | July 21, 2025 | Final Dividend - ₹0.20 | July 21, 2025 |
Anupam Rasayan India | July 21, 2025 | Interim Dividend - ₹0.75 | July 21, 2025 |
OCCL | July 21, 2025 | Final Dividend - ₹1.50 | July 21, 2025 |
Orient Bell | July 21, 2025 | Final Dividend - ₹0.50 | July 21, 2025 |
Shree Cement | July 21, 2025 | Final Dividend - ₹60 | July 21, 2025 |
Thangamayil Jewellery | July 21, 2025 | Final Dividend - ₹12.50 | July 21, 2025 |
Windlas Biotech | July 21, 2025 | Final Dividend - ₹5.80 | July 21, 2025 |
Happy Forgings | July 22, 2025 | Final Dividend - ₹3 | July 22, 2025 |
Hind Rectifiers | July 22, 2025 | Final Dividend - ₹2 | July 22, 2025 |
Menon Pistons | July 22, 2025 | Final Dividend - ₹1 | July 22, 2025 |
SIL Investments | July 22, 2025 | Final Dividend - ₹2.50 | July 22, 2025 |
Siyaram Silk Mills | July 22, 2025 | Final Dividend - ₹5 | July 22, 2025 |
Strides Pharma Science | July 22, 2025 | Final Dividend - ₹4 | July 22, 2025 |
Voltamp Transformers | July 22, 2025 | Final Dividend - ₹100 | July 22, 2025 |
Wires & Fabriks SA | July 22, 2025 | Final Dividend - ₹0.10 | July 22, 2025 |
Aditya Birla Sun Life AMC | July 23, 2025 | Dividend - ₹24 | July 23, 2025 |
Advanced Enzyme Technologies | July 23, 2025 | Final Dividend - ₹1.20 | July 23, 2025 |
Banswara Syntex- | July 23, 2025 | Final Dividend - ₹1 | July 23, 2025 |
Bhatia Communications & Retail (India) | July 23, 2025 | Final Dividend - ₹0.0100 | July 23, 2025 |
D. B. Corp | July 23, 2025 | Interim Dividend - ₹5 | July 23, 2025 |
EL CID Investments | July 23, 2025 | Final Dividend - ₹25 | July 23, 2025 |
Greaves Cotton | July 23, 2025 | Final Dividend - ₹2 | July 23, 2025 |
Heritage Foods | July 23, 2025 | Final Dividend - ₹2.50 | July 23, 2025 |
K.P.R. Mill Limited | July 23, 2025 | Final Dividend - ₹2.5000 | July 23, 2025 |
Metal Coatings India | July 23, 2025 | Final Dividend - ₹1 | July 23, 2025 |
NESCO | July 23, 2025 | Final Dividend - ₹6.50 | July 23, 2025 |
Novartis India | July 23, 2025 | Final Dividend - ₹25 | July 23, 2025 |
Pidilite Industries | July 23, 2025 | Final Dividend - ₹20 | July 23, 2025 |
Precision Camshafts | July 23, 2025 | Final Dividend - ₹1 | July 23, 2025 |
Route Mobile | July 23, 2025 | Interim Dividend | July 23, 2025 |
Sonata Software | July 23, 2025 | Final Dividend - ₹4.40 | July 23, 2025 |
20 Microns | July 24, 2025 | Final Dividend - ₹1.25 | July 24, 2025 |
Birlanu | July 24, 2025 | Final Dividend - ₹30 | July 24, 2025 |
Bliss GVS Pharma | July 24, 2025 | Final Dividend - ₹0.50 | July 24, 2025 |
Cholamandalam Investment and Finance Company | July 24, 2025 | Final Dividend - ₹0.70 | July 24, 2025 |
Crompton Greaves Consumer Electricals | July 24, 2025 | Final Dividend - ₹3 | July 24, 2025 |
Fiem Industries | July 24, 2025 | Final Dividend - ₹30 | July 24, 2025 |
Hatsun Agro Product | July 24, 2025 | Interim Dividend | July 24, 2025 |
Hero MotoCorp | July 24, 2025 | Final Dividend - ₹65 | July 24, 2025 |
IVP | July 24, 2025 | Final Dividend - ₹1 | July 24, 2025 |
Paushak | July 24, 2025 | Final Dividend - ₹20 | July 24, 2025 |
Privi Speciality Chemicals | July 24, 2025 | Final Dividend - ₹5 | July 24, 2025 |
Radico Khaitan | July 24, 2025 | Final Dividend - ₹4 | July 24, 2025 |
Sanco Trans | July 24, 2025 | Dividend - ₹2.70 | July 24, 2025 |
TCPL Packaging- | July 24, 2025 | Dividend - ₹30 | July 24, 2025 |
3M India | July 25, 2025 | Final Dividend - ₹160 | July 25, 2025 |
3M India | July 25, 2025 | Special Dividend - ₹375 | July 25, 2025 |
Abbott India | July 25, 2025 | Final Dividend - ₹475 | July 25, 2025 |
Akzo Nobel India | July 25, 2025 | Final Dividend - ₹30 | July 25, 2025 |
Albert David | July 25, 2025 | Final Dividend - ₹5 | July 25, 2025 |
Arvind | July 25, 2025 | Final Dividend - ₹3.75 | July 25, 2025 |
Arvind SmartSpaces | July 25, 2025 | Final Dividend - ₹6 | July 25, 2025 |
Associated Alcohols & Breweries | July 25, 2025 | Dividend - ₹2 | July 25, 2025 |
Bemco Hydraulics | July 25, 2025 | Final Dividend - ₹2 | July 25, 2025 |
Bhageria Industries | July 25, 2025 | Dividend - ₹1.50 | July 25, 2025 |
Bharti Hexacom | July 25, 2025 | Final Dividend - ₹10 | July 25, 2025 |
BN Rathi Securities | July 25, 2025 | Final Dividend - ₹0.50 | July 25, 2025 |
Bombay Cycle & Motor Agency | July 25, 2025 | Final Dividend - ₹5 | July 25, 2025 |
Capital Small Finance Bank | July 25, 2025 | Final Dividend - ₹4 | July 25, 2025 |
Centum Electronics | July 25, 2025 | Final Dividend - ₹6 | July 25, 2025 |
Divis Laboratories | July 25, 2025 | Final Dividend - ₹30 | July 25, 2025 |
Fine Organic Industries | July 25, 2025 | Final Dividend - ₹11 | July 26, 2025 |
Flex Foods- | July 25, 2025 | Final Dividend - ₹0.50 | July 25, 2025 |
Fortis Healthcare | July 25, 2025 | Final Dividend - ₹1 | July 25, 2025 |
GMM Pfaudler | July 25, 2025 | Final Dividend - ₹1 | July 25, 2025 |
GOCL Corporation | July 25, 2025 | Dividend - ₹10 | July 25, 2025 |
HB Stockholdings | July 25, 2025 | Dividend - ₹1 | July 25, 2025 |
ICRA | July 25, 2025 | Final Dividend - ₹60 | July 25, 2025 |
Indian Metals & Ferro Alloys | July 25, 2025 | Final Dividend - ₹5 | July 25, 2025 |
Infobeans Technologies | July 25, 2025 | Final Dividend - ₹1 | July 25, 2025 |
Jubilant Ingrevia | July 25, 2025 | Final Dividend - ₹2.50 | July 25, 2025 |
Jubilant Pharmova | July 25, 2025 | Final Dividend - ₹5 | July 25, 2025 |
KEC International | July 25, 2025 | Final Dividend - ₹5.50 | July 25, 2025 |
Kirloskar Brothers- | July 25, 2025 | Final Dividend - ₹7 | July 25, 2025 |
Life Insurance Corporation of India | July 25, 2025 | Final Dividend - ₹12 | July 25, 2025 |
Lupin | July 25, 2025 | Final Dividend - ₹12 | July 25, 2025 |
Mafatlal Industries | July 25, 2025 | Final Dividend - ₹1 | July 25, 2025 |
Mukand | July 25, 2025 | Final Dividend - ₹2 | July 25, 2025 |
Info Edge (India) | July 25, 2025 | Final Dividend - ₹3.60 | July 25, 2025 |
Nelcast | July 25, 2025 | Dividend - ₹0.5000 | July 25, 2025 |
Nitta Gelatin India | July 25, 2025 | Special Dividend - ₹2 | July 25, 2025 |
Nitta Gelatin India | July 25, 2025 | Dividend - ₹6 | July 25, 2025 |
Orient Cement | July 25, 2025 | Final Dividend - ₹0.50 | July 25, 2025 |
Precision Wires India | July 25, 2025 | Final Dividend - ₹0.50 | July 25, 2025 |
Sealmatic India | July 25, 2025 | Final Dividend - ₹1.10 | July 25, 2025 |
Shriram Pistons & Rings | July 25, 2025 | Final Dividend - ₹5 | July 25, 2025 |
Steelcast | July 25, 2025 | Final Dividend - ₹2.70 | July 25, 2025 |
Sumitomo Chemical India | July 25, 2025 | Final Dividend - ₹1.20 | July 25, 2025 |
Thyrocare Technologies | July 25, 2025 | Final Dividend - ₹21 | July 25, 2025 |
Tube Investments of India | July 25, 2025 | Final Dividend - ₹1.50 | July 25, 2025 |
Timken India | July 25, 2025 | Final Dividend - ₹36 | July 25, 2025 |
Transworld Shipping Lines | July 25, 2025 | Dividend - ₹1.50 | July 25, 2025 |
Union Bank of India | July 25, 2025 | Final Dividend - ₹4.75 | July 25, 2025 |
Zydus Lifesciences | July 25, 2025 | Final Dividend - ₹11 | July 25, 2025 |