New Delhi, June 1 -- As India enters a new fiscal year marked by evolving global complexities and domestic resilience, the focus of monetary policy is likely to continue towards supporting growth, without compromising price stability.

The Reserve Bank of India (RBI) is expected to deliver another 25 basis points (bps) repo rate cut in its 6 June policy meeting, bringing the policy rate down to 5.75%. This would mark the third consecutive cut since February 2025, signalling a proactive approach to easing financial conditions with the objective of stimulating credit and investment, while ensuring a durable alignment of the 4% CPI target.

The policy stance turned accommodative in April and is likely to continue as RBI balances near-term cy...