Monetary Policy Committee has six members.
Current policy stance: Neutral.
GDP growth forecast for FY 2027 revised from 6.9% to 6.6%.
Inflation forecast for FY 2027 revised from 4.6% to 5.1%.
Repo rate is the rate at which RBI lends short-term funds to banks.
India imports a large share of crude oil requirements.
Monsoon affects food production and inflation.
10-year government bond yield declined to 6.85%.
Rupee weakened to 94.85 per US dollar.
FAQs
Q1. What is the current repo rate in India?
Answer: The Reserve Bank of India has kept the repo rate unchanged at 5.25 percent.
Q2. What is the repo rate?
Answer: The repo rate is the interest rate at which the RBI lends short-term funds to commercial banks against government securities.
Q3. What is the RBI’s current monetary policy stance?
Answer: The RBI is currently following a neutral monetary policy stance.
Q4. What is the GDP growth forecast for FY 2027?
Answer: The RBI has revised India’s GDP growth forecast for FY 2027 to 6.6 percent.
Q5. Why are crude oil prices important for India’s inflation outlook?
Answer: India imports a large share of its crude oil needs, so changes in global oil prices directly affect fuel costs, transportation expenses, and overall inflation.
Month: Current Affairs - Jun 24, 2026
Category: RBI,Repo Rate