The six-member monetary policy committee (MPC) of the Reserve Bank of India (RBI), led by governor Sanjay Malhotra, on Friday reduced the policy repo rate by 25 basis points to 6.25 per cent from 6.5 per cent.

The RBI's decision to lower the repo rate for the first time in five years seeks to stimulate economic growth while keeping inflation in check, potentially lowering loan costs for consumers.

The Reserve Bank of India announced a 25 basis point cut in the repo rate, now at 6.25%, the first reduction in five years. The decision follows declining inflation rates and the need to support economic growth.

The first RBI Monetary Policy Committee meeting of 2025 began on February 5, with everyone eagerly awaiting Governor Sanjay Malhotras decision, which will be announced on. This will be his first review as the newly appointed Governor,

In a significant policy shift, the Reserve Bank of India (RBI) cut the repo rate by 25 basis points to 6.25 per cent on Friday, marking the first reduction in four years. This move, unveiled  after the Monetary Policy Committee (MPC) meeting led by newly appointed Governor Sanjay Malhotra,

To cut the repo rate by 25 basis points to 6.25% unanimously. The standing deposit facility rate, pegged 25 basis points below the repo rate, is at 6.0%. The marginal standing facility rate, which is 25 basis points above the repo rate, is 6.5%.

RBI Governor Sanjay Malhotra has announced that the Monetary Policy Committee (MPC) has decided to cut the benchmark repo rate by 6.5%

On Friday, the Reserve Bank of India’s (RBI) six-member Monetary Policy Committee (MPC) reduced the repo rate, the rate at which the RBI lends to commercial banks by 25 basis points, bringing it down to 6.