As the markets await the announcement, the spotlight will be on the new RBI Governor and his stance on the financial scenario.

The newly-appointed governor of the RBI, Sanjay Malhotra, with a mostly new Monetary Policy Committee (MPC) to boot, has kicked off his career by making a sharp break with his predecessor Shaktikanta Das who retired in December last year after helming the central bank for six years.

The RBI Governor Sanjay Malhotra delivered the first interest rate cut in nearly five years. The RBI MPC reduced the repo rate cut to 6.25% from 6.50%.

The RBI has reduced the repo rate by 25 basis points to 6.25%, maintaining a neutral stance. Governor Sanjay Malhotra said that inflation is easing, supported by a favourable food price outlook. Food inflation is expected to decline further,

The newly-appointed RBI Governor Sanjay Malhotra is anticipated to announce a 25 basis points repo rate cut to 6.25% on February 7. With the slowing economic growth and easing inflation, the Monetary Policy Committee may favor rate reduction to stimulate the economy,

The RBI MPC, which met for the first time under the new central bank governor Sanjay Malhotra, on February 7 cut the repo rate by 25 basis point to 6.25 percent to give a boost to a slowing economy. The rate-setting panel unanimously decided to continue with the “neutral” stance.

Most economists surveyed by Bloomberg predict that the Reserve Bank of India will reduce the benchmark repurchase rate by at least 25 basis points to 6.25 per cent on Friday

In a highly anticipated press conference held today, Finance Minister Nirmala Sitharaman and Reserve Bank of India (RBI) Governor shared crucial updates regarding India’s economic policies, the Rupee’s value,

Governor Sanjay Malhotra on Saturday said that the central bank is aiming to make India ‘investor-friendly,’ reported the news agency PTI. Indian Rupee recovered after hitting all-time low with RBI's MPC stance.