The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) has started its scheduled three-day meeting that runs from June 3 to June 5. The review is expected to set the direction for India’s interest rate outlook amid global economic uncertainties and domestic conditions.
The central bank has confirmed that the policy decision will be announced on June 5 at 10 am. This will be followed by a press conference from RBI Governor Sanjay Malhotra at 12 pm, where detailed explanations of the decision will be shared.
People can follow the RBI's policy announcement live through the central bank's official YouTube channel. Business news channels and financial platforms will also track the decision and Governor Sanjay Malhotra's media interaction throughout the day.
The policy review comes as higher crude oil prices and pressure on the rupee create fresh challenges for the economy. Rising tensions in West Asia have pushed oil prices higher, adding to concerns in financial markets.
While global developments remain a concern, inflation has stayed relatively under control in recent months. This allows policymakers to assess economic conditions carefully before deciding whether any changes to interest rates are required.
A Reuters poll indicates that most economists expect the Reserve Bank of India to keep the repo rate unchanged at 5.25% in this policy review cycle. Market expectations remain largely steady ahead of the announcement.
This MPC meeting is closely watched by investors, borrowers and businesses as it may offer important signals on future interest rate direction. The outcome will also reflect how the RBI balances inflation control with economic stability.
