New Delhi: Reserve Bank of India (RBI) Governor sanjay Malhotra on Friday announced that Monetary Policy Committee unanimously decided to slash repo rate by 25 babsis points to 5.25 per cent.

With the latest announcement, the RBI has reduced slashed repo rate by 120 points in four tranches in 2025.

Malhota announced the repo rate cut while releasing the Reserve Bank of India’s bi-monthly monetary policy after the Monetary Policy Committee concluded its three-day review that began on Wednesday. The announcement cam eamidst declining inflation, good GDP growth, the rupee breaching 90 against the US dollar, and heightened geopolitical tensions.