RBI likely to cut repo rate by 25 bps on June 6 amid low inflation, say experts

The Reserve Bank of India is anticipated to cut rates for the third consecutive time by 25 bps on June 6, driven by low inflation and global economic uncertainties. Experts believe this move will support growth amidst external volatility. The MPC’s decision, influenced by easing CPI and global factors, aims to bolster the economy.