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Dynamite News

National

DN Bureau

RBI reduces repo rate for first time in five year

RBI Dynamite News Monetary Policy Committee Sanjay Malhotra Monetary Policy

RBI Governor Sanjay Malhotra

New Delhi: The Reserve Bank of India’s (RBI) six-member Monetary Policy Committee (MPC) decided unanimously to reduce the policy rate by 25 basis points, from 6.5% to 6.25%, Dynamite News correspondent reports.

RBI: The MPC (monetary policy committee) decided unanimously to reduce the policy rate by 25 basis points, from 6.5% to 6.25%

Also Read | India's industrial output grows 5.2% in November

— Dynamite News (@DynamiteNews_) February 7, 2025

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