RBI MPC MEET FEB-2025 CUTTING INTEREST RATE (REPO-RATE) BY 25 BASIS POINTS TO MAKE IT 6.25% IS WELCOME
Dear Readers,
The RBI(Reserve Bank of India, India's Central Bank) MPC(Monetary Policy Committee) Meet of February-2025 concluded today on 07-Feb-2025 announcing an Interest Rate Cut, Repo Rate Cut by RBI by 25 Basis Points (0.25%) to make it 6.25%( from existing 6.5% ) is Welcome.
One Good Thing is that it has been an Unanimous Decision among the 6-Membered MPC ( 3-Externals and 3-Internals of RBI).
We hope for the Best for future and more rate cuts in some intervals can be also expected to give a well greased situation to the Indian Economy, to both the Common People Borrowers and Both the Commerce and Industry in the National Interest.
Placing some links of News Reports on the subject, however you can read also by your own choice:
RBI MPC meeting 2025 LIVE updates: RBI MPC cuts repo rate by 25 bps to 6.25%
Big relief for home loan borrowers as EMIs to fall by 1.8% on a 20 year loan tenure as RBI reduced repo rate by 25 bps
It is Good that Finally it has happened and after some decisive actions were taken by Government of India as some former incumbents of the past were acting in driving the whole National System at RBI without properly understanding the National Need and Interest and pushing their own orthodox and dogmatic ideas and imposing it for a longer time in the past.
With Best regards,
Dr. Nimain Charan Biswal,
Mumbai, India
About
the Author : Dr. Nimain
Charan Biswal is a B.Sc.(Agri. Science and Technology), M.B.A. and
Ph.D.(Management Area ) by qualifications; and he has 38+ years of work
experience in Social, both industrial and Development sectors in diversified
fields of Social Importance. He has been educated at Orissa University of
Agriculture and Technology (OUAT)-Bhubaneswar, Institute of Rural Management
Anand (IRMA) and Gujarat University (with Resource Support of IIM-Ahmedabad).
He is further educated at IIM-Calcutta, XLRI-Jamshedpur, Apple Computer
Industries and Spar Inc., USA. He has worked for reputed National and
International Organizations in Senior/Top Management Capacities at Board level
as well as Managing Director and CEO. He is a management expert covering
extensive areas from management in Social, industrial sectors, management in
Agriculture and Dairy, Development Management to management of public systems.
He is a prominent professional of India and known Internationally as well. He
is also a Political Strategist. He lives at Mumbai in India.
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