The Reserve Bank of India’s Monetary Policy Committee (MPC) concluded its 55th meeting on June 6, 2025. Chaired by RBI Governor Sanjay Malhotra, the committee reviewed the current state of the economy and took several key decisions aimed at supporting growth and managing inflation. Big Repo Rate Cut The MPC voted to cut the repo rate by 50 basis points, bringing it down to 5.5%. This was a bigger cut than most experts expected and came into effect immediately. The move is meant to support the economy while keeping inflation under control.