RBI MPC Meeting 2026, June 5 -- The Reserve Bank of India (RBI) is all set to announce its monetary policy decision today, June 5, 2026. The Monetary Policy Committee (MPC), chaired by RBI Governor Sanjay Malhotra, conducted its second bi-monthly policy meeting for FY27 between June 3 and June 5, with the repo rate announcement due later today.

The June MPC meeting takes place against a backdrop of growing macroeconomic challenges, as the ongoing US-Iran conflict in the Middle East weighs on India's growth and inflation outlook. Escalating geopolitical tensions have led to a significant surge in crude oil prices, intensifying inflationary pressures and contributing to the weakening of the rupee.

At its previous policy meeting in April, ...