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The RBI MPC meeting began on February 5, 2025, and the decision was announced on February 7, 2025, at 10:00 AM by Governor Sanjay Malhotra. His speech provided insights into RBI’s stance, GDP growth outlook, and inflation forecasts.
The Monetary Policy Committee (MPC) is headed by Sanjay Malhotra, Governor of the Reserve Bank of India (RBI).
«MPC policy is a force of interest for many, it impacts lives of all citizens of the country. MPC resolution provides rationale and thought process of the committee,» said Governor Malhotra.
Following the Union Budget, the RBI was expected to cut the repo rate by 25 basis points, which would have be/is the first rate reduction in five years.
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