What action did the Monetary Policy Committee take regarding the repo rate in June 2026?
They kept the repo rate unchanged at 5.25%
The Monetary Policy Committee (MPC) of the Reserve Bank of India is a six-member body chaired by the RBI Governor. It sets the policy repo rate, the rate at which the RBI lends short-term funds to banks, to keep inflation within the target band of 4% ± 2%.
In its June 2026 meeting, the MPC decided to keep the policy repo rate unchanged at 5.25%, which means the rate at which the RBI lends to banks stayed the same as before.
A pause means the committee found the existing rate suitable for balancing inflation and growth. Since there was no change, a cut of 0.25%, a rise to 5.5% or a level of 6.0% does not describe the June 2026 decision.
Hence, They kept the repo rate unchanged at 5.25%.
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