To promote the economy, RBI policy date 2025 the Reserve Bank of India (RBI) cut its benchmark repo rate for the first time in almost five years. rbi monetary policy time The RBI Monetary Policy Committee (MPC) has unanimously agreed to reduce the key rate by 25 basis points, from 6.5 percent to 6.25 percent, Sanjay Malhotra said this morning in his first significant address as RBI Governor.
The MPC, which consists of three RBI members and three external members, rbi policy time last rbi rate cut the repo rate in May 2020 and has maintained it steady in the previous eleven policy sessions.
RBI governor Mr. Sanjay Malhotra stated that the global economic environment remained tough, with the global economy expanding below historical average. He stated that high frequency indicators point to global economic resilience, and that while the Indian economy is not immune to global challenges, it remains robust and resilient.
Bond rates and the currency have increased in response to lower expectations for the amount and speed of rate reduction in the United States, he noted.
The Reserve Bank of India (RBI) held its Monetary Policy Committee (MPC) rbi mpc meeting in February 2025 rbi meeting today, where it announced a 25 basis points (bps) cut in the repo rate—the first such reduction in nearly five years. This decision was unanimous among MPC members and comes amid concerns about slowing GDP growth, which is projected to be around 6.3-6.8% for FY26.
