The Free Press Journal-Why RBI's Repo Rate Reduction Is A Reason To Rejoice
They say all good things come to those who wait and when the Reserve Bank of India (RBI) announced its sixth bi-monthly monetary policy for FY25 on February 7, 2025, real estate sector stakeholders across
the spectrum agreed that the news was definitely worth the wait. The Monetary Policy Committee (MPC), led by Governor Sanjay Malhotra, in his first monetary policy review, announced a 25-basis point rate cut to bring down the benchmark repo rate to 6.25%; a first in five years. He also maintained the monetary policy stance as ‘Neutral’. Needless to say, there was much rejoicing while real estate association heads and analysts shared perspectives on the key implications of this decision.
