Reserve Bank of India governor Sanjay Malhotra addresses his first monetary policy review at RBI headquarters in Mumbai on February 7, 2025. India's central bank cut interest rates on February 7 for the first time in nearly five years, as concerns over a growth slowdown in the world's fifth largest economy outweighed inflation risks. (Photo by Indranil Mukherjee / AFP) (Photo by INDRANIL MUKHERJEE/AFP via Getty Images)