Monetary Policy Committee (MPC) unanimously decided to cut the repo rate by 25 basis points, bringing it down from 6.50% to 6.25%. The decision is aimed at balancing growth with inflation control. While the rate cut signals a push to stimulate economic activity amid global uncertainties,

The Reserve Bank of India (RBI) has released the schedule for the Monetary Policy Committee (MPC) meeting to be held in April. RBI Governor Sanjay Malhotra announced that the MPC meeting is scheduled to be held from April 7 to 9.

The six-member monetary policy committee (MPC) of the Reserve Bank of India (RBI), led by governor Sanjay Malhotra, on Friday reduced the policy repo rate by 25 basis points to 6.25 per cent from 6.5 per cent.