Try GOLD - Free
RBI Poised to Cut Rates as India Eyes Takeoff
Hindustan Times Pune
|June 02, 2025
As India enters a new fiscal year marked by evolving global complexities and domestic resilience, the monetary policy focus is likely to continue towards supporting growth, without compromising price stability.
The Reserve Bank of India (RBI) is expected to deliver another 25 basis points (bps) repo rate cut in its June 6 policy meeting, bringing the rate down to 5.75% and marking the third consecutive cut since February 2025, signaling a proactive approach to easing financial conditions with the objective of stimulating credit and investment, while ensuring a durable alignment of the 4% CPI target.
The policy stance turned accommodative in April and is likely to continue as RBI balances near-term cyclical risks with a forward-looking view on India's growth prospects.
The central bank will likely maintain its FY26 growth forecast of 6.5%, while possibly lowering its CPI inflation forecast to 3.8%, from 4.0% earlier. In the April policy, RBI revised both the growth and inflation forecasts lower by 20bps to 6.5% and 4.0%, respectively.
This story is from the June 02, 2025 edition of Hindustan Times Pune.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Hindustan Times Pune
Hindustan Times Pune
Leaders Arsenal win set-piece battle to sink 10-man Chelsea
Arsenal won their setpiece battle with 10-man Chelsea as Jurrien Timber sealed the Premier League leaders’ crucial 2-1 victory over their London rivals on Sunday.
1 min
March 02, 2026
Hindustan Times Pune
Fairytale farewell: Healy signs off in style, Oz seal series
sail — 3
2 mins
March 02, 2026
Hindustan Times Pune
Not a shortcut to slimness: Expert cautions on Mounjaro use
Comedian Aishwarya Mohanraj recently spoke about her 22 kg weight loss with Mounjaro, sharing both the results and the side effects, including nausea, discomfort and hair loss.
1 min
March 02, 2026
Hindustan Times Pune
India mkt gurus make contra call on Iran war hit
Conventional wisdom predicts a market crash when war breaks out in West Asia.
1 mins
March 02, 2026
Hindustan Times Pune
10 die while trying to storm US consulate in Pakistan
Violent clashes between protesters and security forces in Pakistan's Karachi on Sunday left at least 10 people dead as pro-Iran demonstrators attempted to storm the US Consulate, authorities said, AP reported.
1 mins
March 02, 2026
Hindustan Times Pune
Turning agriculture into an engine of prosperity
Recently, I visited a friend’s farm where he has spent years developing an organic and natural farming enterprise.
3 mins
March 02, 2026
Hindustan Times Pune
When Bumrah swung the game in hosts’ favour
“Hoye jaabe, aaram se.”
3 mins
March 02, 2026
Hindustan Times Pune
Khamenei dead, Iran strikes widen war
Tehran targets Oman, attacks 3 oil tankers in Gulf, hits Dubai, Abu Dhabi; US suffers 3 casualties
1 mins
March 02, 2026
Hindustan Times Pune
After wedding, Vijay-Rashmika's economy flight wins hearts
Actors Vijay Deverakonda and Rashmika Mandanna tied the knot in Udaipur on February 26 in the presence of close friends and family.
1 min
March 02, 2026
Hindustan Times Pune
Rajpal Yadav says he has ₹1,200 crore projects lined up over 7 years
Days after securing interim bail in a ₹9 crore loan case, actor-comedian Rajpal Yadav addressed the media in Mumbai on Saturday.
1 mins
March 02, 2026
Listen
Translate
Change font size
