4 days ago · RBI Repo Rate Cut by 25 bps Explained: After holding the repo rate at 6.50 per cent for two years, the Reserve Bank of India’s (RBI) six-member Monetary Policy Committee (MPC) reduced the key policy rate by 25 basis points (bps) to 6.25 per cent on Friday (February 7).This marks the first repo rate cut in nearly five years and will likely lead to a fall in interest rates and equated monthly ...

4 days ago · RBI MPC Meeting February 2025: The Reserve Bank of India’s (RBI) six-member Monetary Policy Committee (MPC) Friday cut the repo rate — the rate at which the RBI lends to other banks — by 25 basis points to 6.25 per cent. This is the first rate cut initiated by the RBI in five years, the last one being in May 2020. The repo rate, till now, stood at 6.5 per cent.

4 days ago · Reserve Bank of India (RBI) Governor Sanjay Malhotra announced a repo rate cut of 25 basis points to 6.25 percent on Friday, paving the way for lower interest rates and reduced equated monthly ...

4 days ago · RBI MPC Meeting February 2025 Highlights: The Reserve Bank of India’s (RBI) Monetary Policy Committee on Friday announced a 25 basis point cut in the repo rate to 6.25 per cent. RBI Governor Sanjay Malhotra on Friday said the policy stance remain same as ‘neutral’. This is the first interest rate cut by the RBI since Covid times (May 2020).

4 days ago · The announcement was made by Sanjay Malhotra, in his first key address after being appointed as the RBI Governor in December last year. That said, the following are the six key announcements from the MPC meeting: REPO RATE CUT. The central bank has announced a cut in the repo cut by 25 basis points to 6.25% from 6.5%.

4 days ago · On Friday, the Reserve Bank of India’s (RBI) six-member Monetary Policy Committee (MPC) reduced the repo rate, the rate at which the RBI lends to commercial banks by 25 basis points, bringing it...

4 days ago · The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) has decided to revise the repo rate for the first time in two years, reducing it by 25 basis points to 6.25 per cent from 6.5 per cent, Governor Sanjay Malhotra announced on Friday.

4 days ago · The RBI MPC, which met for the first time under the new central bank governor Sanjay Malhotra, on February 7 cut the repo rate by 25 basis point to 6.25 percent to give a boost to a slowing economy.

4 days ago · The Monetary Policy Committee, which consists of three RBI and three external members, cut the repo rate , opens new tab by 25 basis points, as expected, to 6.25%, after having kept the rate ...

4 days ago · Mumbai: The Reserve Bank of India’s (RBI) monetary policy committee on Friday delivered a much-anticipated rate cut of 25 basis points, taking the policy repo rate to 6.25%. The first rate cut ...