RBI MPC Meeting – June 2025 Summary

RBI MPC Meeting – June 2025 Summary Repo Rate Cut: RBI reduced the repo rate by 50 basis points to 5.50%, marking the third consecutive cut in 2025. CRR Reduction: Cash Reserve Ratio cut by 100 basis points to 3%, injecting liquidity of approx. ₹2.5 lakh crore. Stance Shift: Monetary policy stance changed from "accommodative" to "neutral", signaling a pause in rate cuts ahead. Inflation Outlook: FY26 inflation forecast lowered to 3.7% due to easing price pressures. Growth Projection: FY26 GDP growth retained at 6.5%, with RBI showing confidence in economic momentum. Impact: Borrowers will benefit via lower EMIs; depositors may see reduced FD returns; bond markets likely to gain. Governor Das emphasized that RBI has done its part and future moves depend on data, fiscal policy, and global risks.