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The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC), on Friday, cut the Repo rate by 50 bps, to 5.50%. RBI governor Sanjay Malhotra made the announcement.
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Updated : Jun 06, 2025, 10:21 AM IST | Edited by : Riddhima Kanetkar
 "Good news for borrowers as RBI cuts repo rate by 50 bps to 5.5%, stance changed to ‘Neutral’ from...")
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The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC), on Friday, cut the Repo rate by 50 bps, to 5.50%. RBI governor Sanjay Malhotra made the announcement. The RBI Governor Sanjay Malhotra-led Monetary Policy Committee (MPC) also changed the policy stance to ‘Neutral’ from ‘Accommodative’.
