RBI MPC decides to cut policy rate by 50 basis points to 5.5%, says RBI Governor
The Hindu
RBI cuts repo rate by 50 bps to 5.5%, Governor Sanjay Malhotra optimistic about Indian economy's growth and stability.
Reserve Bank of India’s monetary policy committee (MPC) on Friday (June 6, 2025) decided to cut policy repo rate by 50 basis points to 5.5% with immediate effect.
Reserve Bank of India Governor Sanjay Malhotra said “Indian economy presents strength, stability and opportunity amid global concerns.”
Mr. Malhotra said “RBI reduces cash reserve ratio by 100 bps, will release ₹2.5 lakh crore of bank funds.”
Mr. Malhotra said that “Indian economy growing at a very fast pace, we are making all efforts to grow even faster in our vision of Viksit Bharat” and added that “Indian economy offers immense opportunities to investors.”
The RBI Governor said “Inflation outlook for FY26 revised downwards to 3.7%, from 4%.”
Mr. Malhotra further added that “After reducing repo by 100 bps in quick succession, monetary policy left with limited space to support growth.”
He said “Government’s continued thrust on capex should help revive investment activity.”
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