RBI MPC Meeting LIVE Updates: RBI Governor Sanjay Malhotra-led MPC likely to cut repo rate by 25 bps to 5.75%

RBI MPC Meeting LIVE Updates: The Reserve Bank of India (RBI) will announce its second bi-monthly monetary policy of FY26 today, 6 June 2025. The RBI Governor Sanjay Malhotra-headed Monetary Policy Committee (MPC) meeting was scheduled from June 4 to 6, and the repo rate decision will be announced today. The June RBI policy meeting comes at a time when the domestic retail inflation is in the central bank’s 2% - 4% medium-term target range, while support is required to boost economic growth.

The RBI Governor Sanjay Malhotra-led MPC is widely expected to cut the repo rate by 25 basis points (bps) to 5.75% from 6.00%. This would be RBI’s third consecutive repo rate cut, if delivered. RBI Governor’s commentary on inflation trajectory and outlook on GDP growth will be crucial, given the mixed global cues amid a favorable domestic environment.

In its April monetary policy meeting, the central bank reduced the repo rate by 25 bps and also shifted the policy stance to ‘accommodative’ from ‘neutral’, which means it would be more open to cut rates in the future.

Stay tuned to our RBI Monetary Policy Committee Meeting LIVE blog for the latest updates.

RBI MPC Meeting LIVE: Here are the current policy rates:

Repo Rate: 6.00%

Standing Deposit Facility Rate: 5.75%

Marginal Standing Facility Rate: 6.25%

Bank Rate: 6.25%

Fixed Reverse Repo Rate: 3.35%

CRR: 4.00%

SLR: 18.00%

RBI MPC Meeting LIVE: The Monetary Policy Committee (MPC) was scheduled to meet from June 4 to 6. The MPC consists of three members from the RBI and three external members appointed by the government. The RBI members are Governor Sanjay Malhotra, Deputy Governor M Rajeshwar Rao, and Executive Director Rajiv Ranjan.

The external members are Nagesh Kumar, Director and Chief Executive, Institute for Studies in Industrial Development, New Delhi; Shri Saugata Bhattacharya, Economist, Mumbai; and Professor Ram Singh, Director, Delhi School of Economics, Delhi.

RBI MPC Meeting LIVE:The Reserve Bank of India (RBI) will announce its second bi-monthly monetary policy of FY26 today, 6 June 2025. The RBI Governor Sanjay Malhotra-headed Monetary Policy Committee (MPC) meeting was scheduled from June 4 to 6, and the repo rate decision will be announced today.

Catch all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

Download the Mint app and read premium stories