RBI MPC meeting at a glance: Your one-stop guide for all key decisions
Monetary Policy Committee (MPC), led by newly appointed Governor Sanjay Malhotra, announced a 25-basis-point cut in the repo rate on Friday. With this change, the repo rate now stands at 6.25%.Malhotra stated that the rate-setting panel has decided to continue with a neutral monetary policy stance and remains unambiguously focused on ensuring inflation aligns durably with the target while supporting growth.