Economy & businessFri 7 Feb 2025
RBI cuts the repo rate by 25 basis points to 6.25%
- The Monetary Policy Committee (MPC) voted unanimously to cut the repo rate from 6.50% to 6.25%
- It is the first repo rate cut in almost five years
- It was Governor Sanjay Malhotra's first MPC meeting; the policy stance stayed 'neutral'