India, Feb. 7 -- The new Reserve Bank of India (RBI) Governor Sanjay Malhotra will announce the interest rate decision of the Monetary Policy Committee (MPC) on Friday, February 7.

The MPC began its three-day meeting to discuss and set the new interest rates on Wednesday, February 5, and this was the first one since Malhotra took over the reins in December 2024, following the end of Shaktikanta Das's tenure.

As a result, all eyes, including that of the markets is set on the MPC's latest announcement.

"The RBI MPC meeting of Feb'2025 is significant in several ways," said Suman Chowdhury, Executive Director & Chief Economist at Acuite Ratings & Research. "This is the first meeting of the MPC under the leadership of the new RBI Governor. ...