The Reserve Bank of India's Monetary Policy Committee meeting began on February 5, 2025. The key focus is a potential 25 basis points repo rate cut, the first in five years. Governor Sanjay Malhotra will announce the decisions on February 7,

New RBI Governor Sanjay Malhotra, who is chairing his first Monetary Policy Committee (MPC) meeting, will announce the decision of the six-member panel on Friday morning, amid widespread expectations of 25 basis points reduction in interest rate after a gap of nearly five years.

Mumbai: Reserve Bank of India on Friday cut the repo rate by 25 basis points, ending the longest pause in the history of the monetary policy framework, a move which is expected to make loans cheaper.