Mumbai, June 6 -- The decision, announced at the conclusion of the Monetary Policy Committee's (MPC) 55th meeting held from June 4 to 6, 2025, was driven by easing inflation and a stable growth outlook.

With the rate cut coming into effect immediately, the standing deposit facility (SDF) rate now stands at 5.25%, while the marginal standing facility (MSF) rate and the Bank Rate are adjusted to 5.75%.

This decision is in consonance with the objective of achieving the medium-term target for consumer price index (CPI) inflation of 4% within a band of +/- 2%, while supporting growth.

The RBI maintained its real GDP growth projection for FY26 at 6.5%, with quarterly growth seen at 6.5% in Q1, 6.7% in Q2, 6.6% in Q3, and 6.3% in Q4.

On the ...