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RBI Monetary Policy Update - June 2025

Repo Rate changed at 5.50 per cent
09 June 2025
    Local Market Commentary
    Download the full reportPDF, 412.61KB

    RBI Monetary Policy Update - June 2025

    The Monetary Policy Committee (MPC) came out with its second bi-monthly policy statement for FY26 on June 06, 2025. Some of the key takeaways are as follows:

    • In a 5 : 1 vote, the MPC decided to lower the policy Repo Rate by 50 bps to 5.50 per cent. Consequently, the SDF rate stands at 5.25 per cent and the MSF rate at 5.75 per cent
    • The policy stance is changed back to ‘neutral’ from accommodative
    • On Liquidity, the Governor emphasised that the RBI remains committed to provide sufficient liquidity to the banking system and the 100 bps CRR reduction backs that intent

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