You can get relief from expensive EMI. The possibility of a reduction in interest rates on your home loan has increased. On Friday, February 7, 2025, the Reserve Bank of India will announce the decision taken in the Monetary Policy Committee and now there is every possibility that RBI can cut its policy rate i.

Learn why the RBI’s Monetary Policy Committee is likely to cut the repo rate for the first time in five years, its economic impact, and market implications.

There are expectations that the central bank’s MPC will decide on cutting the key rates for the first time in 5 years by 25 basis points (BPS).

Most economists surveyed by Bloomberg expect the RBI to now cut the benchmark repo rate by at least 25 basis points to 6.25%. Malhotra is heading a mostly new six-member monetary policy committee (MPC).

The central bank was able to consider a rate cut as inflation, which is the main focus of the monetary policy, has been showing “signs of moderation”, the report suggested

The newly-appointed Reserve Bank of India (RBI) Governor Sanjay Malhotra is chairing his first Monetary Policy Committee (MPC) meeting starting Wednesday.

India's central bank is widely expected to cut interest rates for the first time in nearly five years in Governor Sanjay Malhotra's first monetary policy review on Friday, aiming to boost economic growth which is seen falling to a four-year low.

India’s cash crunch has more than halved following a series of liquidity measures by the Reserve Bank of India (RBI) aimed at stabilizing the financial system and supporting economic growth.According to a Bloomberg Economics index,

The Reserve Bank of India is widely expected to cut interest rates for the first time in nearly five years. This is according to a Reuters survey of economists and analysts. Inflation in India has declined;