Business Standard · 4d
RBI ends rate cut wait; Sanjay Malhotra stresses 'less restrictive' policy
The rate cut comes even as the past four headline inflation prints were above 5 per cent. RBI Governor Sanjay Malhotra noted that inflation is expected to decline. This was the first MPC meeting since Malhotra took over as RBI governor in December last year.
Outlook Business · 4d
RBI MPC Meeting: Governor Sanjay Malhotra Announces 25bps Rate Cut, First in 5 Years
The Reserve Bank of India (RBI) Governor Sanjay Malhotra announced to lower the repo rate by 25 basis points to 6.25% on Friday, February 7, 2025. The central bank commenced its three-day meeting on Wednesday, February 5. In the previous MPC meeting in December 2024, the RBI had maintained the status quo keeping the key interest rate at 6.5%.
Newly appointed Reserve Bank Governor Sanjay Malhotra praised the FY26 Union Budget for fostering economic growth and ...
"There is no change in RBI's approach. It does not look at any price level or band. It is our endeavour to curb excessive ...
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