RBI Monetary Policy (June 2026)

Repo Rate

5.25% (Unchanged)

Other Rates

• SDF Rate → 5.00%
• MSF Rate → 5.50%
• Bank Rate → 5.50%

Policy Stance

Neutral

RBI Forecast

• GDP Growth FY27 → 6.6%
• CPI Inflation → 5.1%

Why No Rate Change?

• Global uncertainty
• Food inflation
• Geopolitical tensions
• Supply-chain disruptions

UPSC Facts

Repo Rate → Rate at which RBI lends money to commercial banks.