RBI: RBI’s monetary policy committee meeting begins; Possibility of reduction in interest rates, decision will come on June 6

RBI Governor Sanjay Malhotra – Photo: ANI

RBI June 2025 MPC Meeting: The meeting of the Monetary Policy Committee of the Reserve Bank of India has started. Interest rates are expected to be cut in this policy meeting. Central Bank Governor Sanjay Malhotra will give information about the decisions taken in the MPC on June 6, 2025 . Let us know about this in detail.

The three-day meeting of the Monetary Policy Committee (MPC) of the Reserve Bank of India began in Mumbai on Wednesday. A decision will be taken on policy interest rates in this meeting. The decision of the Monetary Policy Committee will be announced on June 6. Reserve Bank Governor Sanjay Malhotra will announce it.

This meeting is important amid falling inflation

This policy meeting is being held at a time when inflation in the country has shown a steady decline. According to data from the Ministry of Statistics and Program Implementation, retail inflation in India declined to 3.16 percent in April. It was 3.34 percent in March. Since the inflation rate is less than 4 percent. In such a situation, the committee can keep this in mind while taking a policy decision.

Possibility of cut in interest rates – SBI report

According to the report of the State Bank of India, there is a possibility of a cut in interest rates in this meeting of the RBI. Interest rates can be cut by up to 50 basis points. SBI is confident that this cut will revive the credit cycle and strengthen the economy. It was said that interest rates could be cut by up to 100 basis points to provide relief.

Interest rates were cut in February and April

In the last MPC meeting, the central bank cut interest rates by 25 basis points i.e. 0.25 percent. This brought down the repo rate from 6.25 to 6 percent. This meeting was held on 7, 8 and 9 April in the year 2025. In February 2025 also, interest rates were cut by 25 basis points. This brought down the repo rate from 6.5 to 6.25 percent. After two consecutive cuts in interest rates and reduction in inflation, economists are keeping a close watch on this meeting.