RBI Monetary Policy Live: Expectations For June MPC

The Reserve Bank of India’s Monetary Policy Committee is expected to continue to cut the benchmark lending rate in June. The RBI will announce the decision on June 6.

This is shortly after better than estimated GDP growth in the January-March quarter, even as India’s retail inflation has slipped to its lowest in nearly six years.

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RBI MPC Live Updates: April 2025 Highlights

In its previous meeting in April 2025, the MPC, led by the RBI Governor Sanjay Malhotra, unanimously decided to reduce the repo rate by 25 basis points, reducing it from 6.25% to 6%. He also changed the stance from ‘Neutral’ to ‘Accommodative’.

It was the second rate cut since the beginning of the COVID-19 pandemic, when the MPC slashed the repo rate by 40 bps to 4% in May 2020.

Key takeaways from RBI Governor Sanjay Malhotra’s speech:

  • MPC voted unanimously to cut policy repo rate by 25 bps.

  • MPC also decided unanimously to change the stance to ‘Accommodative’.

  • MPC to remain unambiguosly focused to bringing inflation to target on durable basis.

  • MPC revised its growth projection for real GDP in FY26 to 6.5%, marking it down by 20 basis points.

  • The RBI Governor highlighted that global growth is being dented by trade frictions, which will impede domestic growth.

RBI Monetary Policy Decision Today

The Monetary Policy Committee or MPC of the Reserve Bank of India, chaired by Governor Sanjay Malhotra, began its three-day meeting on Wednesday, June 4, to discuss the second monetary policy for financial year 2026. Key areas of the decision-making process included interest rates, inflation and growth outlook.

Malhotra will announce the decision of the six-member MPC at 10:00 a.m.

. Read more on Economy & Finance by NDTV Profit.Key areas of the decision-making process included interest rates, inflation and growth outlook.  Read MoreEconomy & Finance, Business, Markets, Notifications 

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