RBI MPC Meeting 2025: RBI MPC cuts repo rate by 25 bps to 6.25%
Zee Business Video Team | Updated: February 7, 2025 05:31 PM IST
RBI Governor Sanjay Malhotra has finally announced what the economy and the market have been waiting for: the first rate cut in post-COVID India. The MPC, said the new RBI Governor, has decided unanimously to cut the repo rate—which is the key interest rate at which the RBI lends money to commercial banks—by 25 basis points. This is the first policy review under Malhotra, who took the helm as the 26th RBI Governor in December, succeeding Shaktikanta Das. It is also the first policy review of 2025.