RBI MPC Meeting: Governor Sanjay Malhotra Announces 25bps Rate Cut
The Reserve Bank of India (RBI) Governor Sanjay Malhotra announced to lower the repo rate by 25 basis points to 6.25% on Friday, February 7, 2025. The central bank commenced its three-day meeting on Wednesday, February 5. In the previous MPC meeting in December 2024, the RBI had maintained the status quo keeping the key interest rate at 6.5%.
Sanjay Singh claimed that people have endorsed the AAP’s governance model, including its initiatives in education, ...
The new RBI governor Sanjay Malhotra, in his first monetary policy stated that the Indian economy, though continuing to remain strong and resilient, also did not remain immune to the global headwinds, ...
The Governor noted that some banks are hesitant to lend in the uncollateralised call money market, choosing instead to park ...
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