By Admin 
RBI News: The Monetary Policy Committee (MPC) meeting of the Reserve Bank of India (RBI) is going to be held on June 5, 2026. After this meeting, the RBI Governor is going to announce this policy. At present, everyone’s eyes are on this meeting of RBI. Meanwhile, now the statement of the Chairman of the country’s largest bank SBI has come to light. In his statement, CS Shetty has said that he wants RBI not to make any changes in the repo rate now. Let us know why Shatti said this.
What did the SBI Chairman say?
In fact, recently SBI Chairman CS Shetty has talked to Money Control. During this time, he has demanded that RBI should not change the interest rates. Shetty said, ‘RBI has estimated 6.9 percent growth, but according to SBI’s own assessment, the growth may be 6.6 percent. Inflation may be 4.6 to 4.7 percent. This indicates that it would not be right to take any decision regarding interest rates right now.
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According to Shetty, at present there is a balance between inflation and economic growth in the country. In such a situation, if RBI keeps the interest rates as they are then it will provide stability to the economy and the pace of development will also be maintained. He said that the market is also expecting that RBI will not make any change in the repo rate this time. According to him, at present, the right step would be to “rate pause” i.e. keeping the interest rates stable.
What will be the impact on common people?
If RBI does not make any change in interest rates, it may affect the lives of common people. As:
- There will be less possibility of immediate change in EMI of home loan, auto loan and personal loan.
- There will be no major change in the deposit (FD) rates of banks.
- There will be a stable environment for business and investment.
- Banks will get time to understand the impact of the policy changes made earlier.
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Why are eyes fixed on RBI’s decision?
Let us tell you that the MPC meeting of RBI is being held between 3rd to 5th June. In this meeting, the central bank reviews many issues like inflation, economic growth, global situation and the position of the rupee. After this, a decision is taken on the repo rate, which affects the loan and deposit rates of banks.