The Reserve Bank of India's Monetary Policy Committee is anticipated to announce a 25 basis point repo rate cut after their meeting on February 7, 2025, aiming to boost GDP growth. This follows the Union Budget 2025 that focused on stimulating the economy through income tax slab changes.

Due to some commitments, like international meetings that we have at that time, RBI has not been able to push MPC meetings to the middle of a month, says new RBI governor

The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) is responsible for setting the nation’s key interest rates, particularly the repo rate, which influences borrowing costs across the economy.