New Delhi, June 1 (H.S.): The three-day review meeting of the six-member Monetary Policy Committee (MPC) of the Reserve Bank of India will be held from June 3 to June 5. RBI Governor Sanjay Malhotra is scheduled to announce the policy decisions on June 5.
According to market experts, the RBI is likely to maintain the repo rate at 5.25 percent during the meeting in Mumbai, citing concerns arising from the West Asia crisis, broader geopolitical tensions, inflationary pressures, and the continued strain on the Indian rupee.
Economists and policy analysts believe that no change in the benchmark lending rate is expected from the MPC at this review. Rising energy prices, a weakening rupee, and disruptions in global supply chains may also prompt the central bank to revise its inflation projections upward.
It is noteworthy that during its April monetary policy review, the RBI adopted a “wait-and-watch” approach while assessing the impact of the West Asia conflict on energy supplies, inflation, and economic growth. Consequently, the central bank had kept the repo rate unchanged at 5.25 percent.
The upcoming policy review is expected to provide further clarity on the RBI’s assessment of inflation trends, external risks, currency stability, and the broader economic outlook amid continuing global uncertainties.
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Hindusthan Samachar / Jun Sarkar
