Simply put, repo rate is the rate at which the RBI lends to the banks. Currently the repo rate is 6.50%. The MPC meeting between February 5 and 7 may revise downwards India's expected growth rate ...

The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) on Friday announced a 25 basis points cut in the repo rate, bringing it down to 6.25% from the earlier 6.5%. This is the ...

RBI MPC Meeting in February 2025: The six-member Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) lowered the repo rate or the interest rate at which the RBI lends to other banks ...

The RBI has lowered the repo rate to 6.25%, signalling the start of a policy easing cycle. With inflation moderating and fiscal consolidation on track, the move is expected to support growth ...