RBI Monetary Policy Committee Meeting June 2025: The RBI’s Monetary Policy Committee (MPC) has decided to cut the key repo rate by 50 basis points (bps) to 5.5 per cent, RBI Governor Sanjay Malhotra announced on Friday. With this, the repo rate is the lowest level in nearly 3 years.
He also said the MPC has changed its policy stance from ‘accommodative’ to ‘neutral’. “From here onwards, the MPC will be carefully assessing the incoming data and the evolving outlook to chart out the future course of monetary policy," Malhotra said.
Announcing the second bi-monthly monetary policy of FY26, the RBI governor said, “Last mile of inflation turning out little more protractive. Central banks have tougher task to stabilise economy amid global volatilities."
The RBI also reduced the SDF to 5.25 per cent, and MSF and Bank Rates to 5.75 per cent. The SDF is the lower band of the interest rate corridor, while the MSF is the upper band.
Source: News18
