How India's monsoon shaped this year's food inflation
A patchy June and a heavy August moved vegetable prices more than any policy decision did. We trace the rain, mandi by mandi.
Meera Kulkarni
Monetary Policy & Rates
RBI Repo Rate
6.25%
-25bpsfrom 6.50%
As of 6 June 2026As announced
The rate-cutting cycle has begun
RBI repo rate, %, at each policy review
Source: RBI Monetary Policy Committee; illustrative seriesShare or embed this chart
What this measures
The repo rate is the interest rate at which the RBI lends short-term funds to commercial banks. It is the central bank's main lever for steering inflation and growth, and every other lending rate in the economy takes its cue from it.
Source & release schedule
Reserve Bank of India, Monetary Policy Committee
Reviewed roughly every two months by the Monetary Policy Committee; changes only when the MPC votes to change it.
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