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%.
RBI MPC Meet Live | Rate cut expected under new Governor Sanjay Malhotra
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.
As the markets await the announcement, the spotlight will be on the new RBI Governor and his stance on the financial scenario ...
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The BJP leader has demanded that Singh either withdraw his allegations and apologize to the BJP, or should be prepared to ...
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