Mumbai: Reserve Bank of India (RBI) Governor Sanjay Malhotra, centre, with Deputy Governors Shirish Chandra Murmu, left, Swaminathan Janakiraman, second left, T Rabi Sankar, second right, and Poonam Gupta before a press conference following the announcement of the sixth and final bi-monthly monetary policy for the current fiscal year, in Mumbai, Maharashtra, Friday, Feb. 6, 2026. (PTI Photo/Shashank Parade) (PTI02_06_2026_000164A) | Photo Credit: SHASHANK PARADE

The repo rate continues at 5.25 per cent. Since the MPC embarked on the rate cut cycle in February 2025, the repo rate has cumulatively been cut by 125 basis points so far from 6.50 per cent. The repo rate was last cut in the December 2025 bi-monthly policy review from 5.50 per cent to 5.25 per cent.

Governor Sanjay Malhotra emphasised that the economy continues to remain resilient and low inflation provides the leeway to remain growth supportive. He emphasised that based on a comprehensive review of the domestic macroeconomic conditions and the outlook, the MPC is of the view that the current policy rate is appropriate.

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Published on February 6, 2026