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RBI Monetary Policy Review - June 2026

MPC stays data‑tight; RBI turns on the dollar‑mobilization spigot
10 June 2026
    Local Market Commentary
    Download the full reportPDF, 328.72KB

    RBI Monetary Policy Review - June 2026

    The MPC in a unanimous vote decided to maintain a pause on the Repo Rate at 5.25 per cent while maintaining a neutral stance.

    • MPC yet again maintained a calm demeanor amid a chaotic environment, signaling patience rather than complacency.
    • While inflation has stayed soft, below target so far, the balance of risks is shifting on the higher side given the geopolitics and weather-related supply shocks- so the pause is best read as cautious and data-dependent.
    • While the MPC has paused, the RBI has pivoted on policy front as it announced a slew of measures to attract dollar inflows.

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