The six-member monetary policy committee decided on 5th June 2026 that the RBI maintains its repo rate at 5.25%. Central Government Governor Sanjay Malhotra said that the Iran-US war has impacted the global economy, and a weak monsoon will also impact inflation and growth.
RBI Governor addressed major highlights from the MPC meeting:
GDP forecast for 2025 kept unchanged at 7.6%
Bank and MSF rate at 5.5%
Crude prices reached $110 per Barrel
FDIs show continued investment in India
Despite FII outflows, Indian forex reserves are healthy
CPI inflation is estimated at 5.1 percent, which is 50 basis points more than the earlier projection.
|