The first RBI Monetary Policy Committee meeting of 2025 began on February 5, with everyone eagerly awaiting Governor Sanjay Malhotras decision, which will be announced on. This will be his first review as the newly appointed Governor,

The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) is responsible for setting the nation’s key interest rates, particularly the repo rate, which influences borrowing costs across the economy.

The repo rate, till now, stood at 6.5 per cent. The move comes barely a week after the Centre cut personal income tax to boost consumption.