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 former revenue secretary in the Ministry of Finance, Malhotra is expected to announce the cuts to lower interest rates for economy’s growth which is expected to reach a four year low.

Monetary Policy Committee (MPC) unanimously decided to cut the repo rate by 25 basis points, bringing it down from 6.50% to 6.25%. The decision is aimed at balancing growth with inflation control. While the rate cut signals a push to stimulate economic activity amid global uncertainties,