Goa, April 9 -- Key Highlights of the Policy Move

The Monetary Policy Committee (MPC), led by Governor Malhotra, concluded its three-day meeting on April 9, after starting deliberations on April 7. The committee's decision was widely anticipated by economists and market experts, who had predicted a rate cut to help safeguard India's economy from external shocks.

This marks the second consecutive rate cut by the RBI. Earlier, in February 2025, the central bank reduced the repo rate by 25 basis points to 6.25%, marking its first cut since May 2020, after more than two years of unchanged rates under former Governor Shaktikanta Das.

Global Economic Pressures

The timing of the latest rate cut comes as the global economic environment faces ...