RBI MPC Meeting June 2025 Live: Malhotra-Led MPC Likely To Announce 25 bps Repo Rate Cut

RBI MPC Meeting June 2025 Live Updates: The Reserve Bank of India’s (RBI’s) Monetary Policy Committee (MPC) will announce its interest rate decision today, June 6, at 10 AM. RBI Governor Sanjay Malhotra will share the outcome of the three-day meeting that began on June 4.

The MPC has already cut the repo rate— the rate at which the RBI lends to commercial banks and which directly affects borrowers’ loan EMIs—by a cumulative 50 basis points (bps) since February 2025.

This June review is particularly significant as the Consumer Price Index (CPI) inflation in April fell to 3.16%, well within the RBI’s medium-term target range of 2-4%. With inflation easing and the economy needing support to revive growth, a further rate cut is widely anticipated.

Rate-Cut On The Cards? What Economists Are Saying

Madan Sabnavis, Chief Economist at Bank of Baroda, said: “We do believe that, given the rather benign inflation conditions and the liquidity situation—which has been made very comfortable through various measures of the RBI—the MPC would go in for a 25 bps cut in the repo rate on the 6th.”

Madhavi Arora, Chief Economist at Emkay Global Financial Services, added: “Even though we see a liquidity deluge in the coming months, we do not see it impeding a June rate cut or the depth of the easing cycle.”