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 Reserve Bank of India announced a 25 basis point cut in the repo rate, now at 6.25%, the first reduction in five years. The decision follows declining inflation rates and the need to support economic growth.

This is the first meeting of the panel under the leadership of RBI Governor Sanjay Malhotra, who assumed office in December 2024 following the end of Shaktikanta Das' tenure.