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 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, under new Governor Sanjay Malhotra, reduced the interest rate for the first time in nearly five years on Friday to support a slowing economy. The 25 basis points cut brings the policy rate down to 6.