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MPC Minutes June 2026: Key Takeaways for Bankers

Source: Reserve Bank of India · Press Release prid 62974 · ~2 min read

The MPC met from June 3-5, 2026, and released minutes on June 19. The MPC voted unanimously to keep the policy repo rate unchanged at 5.25%, with the SDF at 5.00% and MSF/Bank Rate at 5.50%, and continued with a neutral stance. Real GDP growth for 2026-27 is projected at 6.6%, with CPI inflation at 3.4-3.5% in March-April 2026. Banks should note the status quo on rates and monitor global risks.

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Official RBI source: https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=62974 — summary by BankPulse (bankpulse.ai).
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