RBI MPC Meeting: Governor Sanjay Malhotra Announces 25bps Rate Cut
The Reserve Bank of India (RBI) Governor Sanjay Malhotra announced to lower the repo rate by 25 basis points to 6.25% on Friday, February 7, 2025. The central bank commenced its three-day meeting on Wednesday, February 5. In the previous MPC meeting in December 2024, the RBI had maintained the status quo keeping the key interest rate at 6.5%.
Sanjay Manjrekar emphasized the importance of Harshit Rana's three crucial wickets that played a significant role in sealing ...
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