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This announcement will provide crucial insights into the central bank's monetary policy direction, including potential changes in the repo rate, and will be closely watched by markets and economists alike.
The meeting generated significant attention this week, with expectations of a potential 25 basis points repo rate cut. This marks the first MPC meeting under the leadership of the newly appointed RBI Governor, Sanjay Malhotra.
Governor Sanjay Malhotra will address the media at 10:00 AM on February 7, 2025, after the two-day MPC meeting. His statement will provide insights into the central bank's stance on GDP growth, inflation forecasts, and potential rate cuts.
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