RBI Repo Rate: Decreased interest rates from 50 basis points
RBI’s leading decision: The Reserve Bank of India (RBI) reduced the repo rate of 50 basis points on 6 June with the Reserve Bank of India (RBI) in view of the recession in development and inflation. EMIs will be reduced to lenders as a decrease in interest rates.
This is the third consecutive cut. The six -Mangani Monetary Policy Committee (MPC) under the chairmanship of Governor Sanjay Malhotra has reduced the policy rate by 5.50 %.
In combination with today’s crop, in 2025 the RBI MPC has cut a total of 100 basis points to support the economy amidst adverse conditions such as the World Trade War. It started in February with a decrease of a quarter (25 basis points), which was first cut after May 2020. In April, the same level was reduced.
Major items from June MPC meeting:
- The repo rate has been reduced by 50 basis points.
- With the latest cut, the repo rate reached 5.50 %.
- This is the third consecutive lack of interest rates.
- The goal is to support the economy amidst the adverse conditions of the world.
- In 2025, interest rates have fallen by 100 basis points so far.
- The Reserve Bank of India has increased the actual GDP growth by 6.5%.