India's new central bank governor Sanjay Malhotra cut interest rates by 25 basis points to 6.25%, aiming to support a slowing economy. The monetary policy committee's decision disappointed some investors seeking more proactive measures.

RBI Monetary Policy Feb 2025: The RBI, under new Governor Sanjay Malhotra, reduced the interest rate for the first time in nearly five years on Friday to support a slowing economy. The 25 basis points cut brings the policy rate down to 6.25 per cent ...

The RBI has projected a growth of 6.7 per cent for FY26, driven by a strong rabi harvest and government tax relief measures.