RBI MPC June Meeting Live Streaming: Date, time and where to watch Governor Sanjay Malhotra’s monetary policy statement

RBI MPC June Meeting Live Streaming: The Reserve Bank of India (RBI) will announce its second bi-monthly monetary policy statement for the financial year 2025-26 on Friday, amid widespread expectations of another 25 basis points rate cut or even bigger to support growth amid global trade tensions.

The six-member Monetary Policy Committee (MPC) started its three-day deliberations on Wednesday, as trade tensions triggered by US President Donald Trump are affecting the global economy.

RBI reduced the repo, the key benchmark lending rate, by 25 bps each in February and April to 6%.

According to experts, RBI will likely prefer a 25 bps repo reduction. However, a State Bank of India (SBI) research report expects a jumbo rate cut of 50 bps.

"We expect a 50-basis point rate cut in June 25 policy as jumbo rate cut could act as a counterbalance to uncertainty," SBI said, adding, "Cumulative rate cut over the cycle could be 100 basis points."

"We believe for the first time, liabilities are getting repriced faster in a rate easing cycle. Banks have already reduced interest rates on savings accounts to a floor rate of 2.7 per cent. Also, fixed deposits (FDs) rates have been reduced in the range of 30-70 bps since February 2025," the report said.

In response to the 50-bps cut in repo rate since February 2025, most of the banks have reduced their repo-linked external benchmark-based lending rates or EBLRs and the marginal cost of funds-based lending rate (MCLR), as per an assessment by the RBI.

A lowering of the repo rate by RBI leads to a reduction in lending rates by banks, which, in turn, brings down EMIs for retail and corporate borrowers.

RBI MPC meeting date and time

RBI Governor Malhotra will present the monetary policy statement on Friday, June 6, at 10 am.

RBI MPC meeting 2025: Live streaming

The policy statement will be streaming live on the official YouTube channel of the central bank.