RBI MPC meeting Updates: RBI cuts repo rates by 50 bps to 5.5%, CRR by 100 bps

In line with the market expectations, the Reserve Bank of India's Monetary Policy Committee (MPC) on Friday cut the repo rate by 50 basis points (bps) to 5.5%, marking the third consecutive rate reduction this year. The panel further decided to shift its stance from accommodative to neutral. RBI Governor Sanjay Malhotra, announcing the MPC’s decision, said the move was based on a comprehensive assessment of current macroeconomic conditions. The committee concluded its three-day deliberations today that began earlier on June 4, 2025.