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 Reserve Bank of India (RBI) on Friday announced the decisions taken in its 53rd meeting of the Monetary Policy Committee.The RBI MPC meeting began on February 5, 2025, and the decision was announced on February 7,

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.