RBI Mpc Meeting Live Updates: RBI Governor Sanjay Malhotra-LED Mpc Likely to Cut REPO RATE BPS to 5.75%

RBI Mpc Meeting Live Updates: The Reserve Bank of India (RBI) Policy Committee (MPC) Meeting was Scheduled from June 4 to 6, and the REPO RATE Decision will be annouted today. The June RBI Policy Meeting Comes at a time when the domestic retail inflation is in the central bank’s 2% – 4% medium -term target range, while support is required to boost species.

RBI MPC REPO RATE Decision

The RBI Governor Sanjay Malhotra-LED Mpc is widely expected to cut the repo rate by 25 Basis points (BPS) to 5.75% from 6.00%. This would be RBI’s Third Consecurable Rate Cut, If delivered. RBI Governor’s commentary on Inflation Trajectory and Outlook on GDP Growth will be Crucial, Given the mixed global cues amid a favorite domestic environment.

In Its April Monetary Policy Meeting, The Central Bank Reduced The Repo Rate by 25 BPS and also shifted the policy stance to ‘Accommodative’ from ‘from’ Neutral ‘, Whoich Means It Would be more open rates in the furthe.

Stay tuned to our RBI Monetary Policy Committee Meeting Live Blog for the latest updates.