Will RBI’s MPC announce a repo rate cut in June review? Key expectations and more
Will the RBI’s Monetary Policy Committee (MPC) announce a repo rate cut on Friday, June 6? If it does, that would be a third reduction in a row in the post-COVID-19 era. The MPC has already lowered the repo rate—or the key interest rate at which the RBI lends money to commercial banks, and the…