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RBI MPC comes to a unanimous decision on rates after 11 months

The rate cut, the first in almost five years, comes a week after Finance Minister Nirmala Sitharaman presented the budget for FY26.

February 07, 2025 / 19:51 IST
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The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) unanimously decided on interest rates after six monetary policy meetings, or 11 months. The last time the MPC had unanimously decided on interest rates was December 2023. However, no cuts were made then — the decision was to hold the repo.

first published: Feb 7, 2025 07:51 pm

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