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RBI MPC at a glance: Your one-stop guide

The Reserve Bank of India’s Monetary Policy Committee (MPC) held its 55th meeting from June 4 to 6, 2025. The meeting was chaired by RBI Governor Sanjay Malhotra and attended by members Dr Nagesh Kumar, Saugata Bhattacharya, Prof Ram Singh, Dr Poonam Gupta, and Dr Rajiv Ranjan.Repo rate cut and interest rates After reviewing the current economic situation, the MPC decided to cut the policy repo rate by 50 basis points (bps) to 5.50% with immediate effect. Along with this, other rates were adjusted as follows:Standing Deposit Facility (SDF) rate: 5.25%Marginal Standing Facility (MSF) rate and Bank Rate: 5.75%This move aims to keep inflation close to the target of 4%, with a tolerance band of +/- 2%, while also supporting economic growth.Economic growth and outlookAccording to provisional

Cuts, stance shift & big bank news: All that RBI did