RBI MPC Meeting Highlights: Central bank announces 25 basis points rate cut, Governor Sanjay Malhotra calls it 'symbolic'
The former revenue secretary in the Ministry of Finance, Malhotra is expected to announce the cuts to lower interest rates for economy’s growth which is expected to reach a four year low.
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RBI Monetary Policy Meeting 2025 LIVE: Governor Sanjay Malhotra-led MPC likely to cut repo rate by 25 bps to 6.25%
The RBI is expected to encounter a trilemma encompassing tighter liquidity conditions, depreciating rupee and heightened geopolitical uncertainty. Economists expect RBI to begin monetary easing cycle and announce its first repo rate cut in five years.
Highlights: The Reserve Bank of India has cut repo rate by 25 bps to 6.25% for the first time in nearly five years. RBI's ...
The MPC reduced the repo rate by 25 basis points to 6.25%, marking the first rate cut since May 2020. The committee ...
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