New Delhi, Feb. 7 -- The Reserve Bank of India's Monetary Policy Committee (MPC) unanimously voted to reduce the policy rate by 25 basis points to 6.25 per cent in its first review of 2025, aligning with the government's recent budgetary relief measures.

The decision, announced on Friday by RBI Governor Sanjay Malhotra, also adjusts the Standing Deposit Facility rate to 6 per cent.

During the policy briefing, Governor Malhotra emphasised the dual mandate of the central bank, stating, "The interest of the economy demands financial stability and consumer protection. Our mandate at the RBI is to ensure both of them."

The MPC has maintained its neutral stance, prioritising the sustainable alignment of inflation with the target rate while s...