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RBI starts talks on 25bps rate cut
08 April, 2025
|Salar
The Reserve Bank on Monday started its bi-monthly monetary policy review amid expectations of a 25 bps cut in key interest rates in the backdrop of moderating inflation and the need to stimulate growth as Trump tariffs pose severe challenges to the global economy.
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The decision of the six-member Monetary Policy Committee (MPC) headed by Governor Sanjay Malhotra will be announced on Wednesday. In February, the MPC slashed the repo rate by 25 basis points to 6.25 per cent. It was the first reduction since May 2020 and the first revision after two-and-a-half years.
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