RBI MPC 2025: The Reserve Bank of India (RBI)’s Monetary Policy Committee (MPC) announced its decision on key interest rates on Friday. The panel decided to reduce the policy by 25 basis points from 6.5 per cent to 6.25 per cent. This decision was taken unanimously by the committee. Notably, the last time the MPC opted to revise key rates was in February 2023.
The committee further announced that it is adopting a ‘neutral’ stance on monetary policy. This is the first meeting of the panel under the leadership of RBI Governor Sanjay Malhotra, who assumed office in December 2024 following the end of Shaktikanta Das’ tenure. This is also the last meeting of the MPC in the current 2024-25 fiscal year (FY25). The MPC began its Feb 2025 meeting on Wednesday, February 5.
