Mumbai: Reserve Bank of India (RBI) Governor Sanjay Malhotra announce the outcome of the Monetary Policy Committee (MPC) meeting on June 6, 2025, Friday. The RBI Governor announced that MPC members decided to cut repo rate rate by 50 basis points to 5.50 percent to propel economic growth. After reducing repo by 100 bps in quick succession, monetary policy left with limited space to support growth, he noted.
RBI Governor said that after the present repo rate cut, now MPC will carefully assess income data, evolving outlook to chart out future policy. Malhotra said that the decision to go ahead with rate cut was taken as MPC felt frontloading of rate cut will boost growth.
The RBI’s Monetary Policy Committee panel members started their three-day deliberations on June 4, 2025 (Wednesday). In February and April 2025, the central bank reduced the key benchmark lending rate (repo) by 25 bps points respectively.
RBI MPC Meeting announcements LIVE updates
The RBI governor announced that Inflation outlook for FY26 revised downwards to 3.7 percent, from 4 percent. The Core inflation remains largely stable, contained; need to be watchful of weather- related uncertainties, tariff concerns, he added.
The Current account deficit (CAD) for FY’25 to remain low, Malhotra announced, adding that FY26 within sustainable level.
Indian economy presents strength, stability and opportunity amid global concerns, RBI Governor Sanjay Malhotra assured the nation.
The Indian economy is growing at a very fast pace, we are making all efforts to grow even faster in to achieve our vision of Viksit Bharat, Malhotra said, adding that the country’s economy offers immense opportunities to investors.
The government’s continued thrust on capex should help revive investment activity, RBI Governor Malhotra announced.
While announcing the MPC meeting decisions, Malhotra said that the RBI retains GDP growth forecast for current fiscal at 6.5 percent, geopolitical tensions and weather vagaries pose headwinds.
The forex reserves stood at USD 691.5 billion, sufficient to fund more than 11 months of import needs, external sector remains resilient, RBI governor said.
India continues to remain attractive destination despite moderation in net FDI, Malhotra assured.
Reserve Bank of India (RBI) Governor Sanjay Malhotra announce the outcome of the Monetary Policy Committee (MPC) meeting on June 6, 2025, Friday. The RBI Governor announced that MPC members decided to cut repo rate rate by 50 basis points to propel economic growth. Economy Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
