RBI Monetary Policy, June 6 -- In its June monetary policy meeting, the Reserve Bank of India (RBI) front-loaded rate cuts with a 50 basis points reduction, supported by benign inflation. This move has led to expectations that the current rate cut cycle may have come to an end - at least for now.

RBI Governor Sanjay Malhotra's shift in policy stance from 'accommodative' to 'neutral', along with his statement that the Monetary Policy Committee (MPC) will now carefully assess income data and the evolving economic outlook before deciding on further action, also signals a possible pause in rate cuts. In another liquidity booster, Malhotra announced a 100 bps CRR cut bonanza.

"The RBI surprised on three fronts: with a 50 bps cut, CRR cut of ...