The Reserve Bank of India's Monetary Policy Committee is anticipated to announce a 25 basis point repo rate cut after their meeting on February 7, 2025, aiming to boost GDP growth. This follows the Union Budget 2025 that focused on stimulating the economy through income tax slab changes.

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 monetary policy committee on Friday cut the policy interest rate by 25 basis points to 6.25% to support growth. At a post-policy press conference, new RBI governor Sanjay Malhotra spoke on a range of issues,