Monetary Policy Committee

February 6, 2026 10:19 AM

RBI keeps repo rate unchanged at 5.25%, maintains neutral stance

Reserve Bank of India Governor Sanjay Malhotra on Friday announced that the Monetary Policy Committee (MPC) has unanimously decided to keep the policy repo rate unchanged at 5.25 per cent while maintaining a neutral policy stance. Announcing the decision, the Governor said the MPC arrived at its conclusion after a detailed assessment of evolving macroeconomic conditions and the overall economic outlook. “Since the last policy meeting, external headwinds have intensified. However, the success...

February 4, 2026 11:30 AM

RBI likely to hold rates as three-day MPC meeting begins

The three-day meeting of the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) begins today, with the policy decision scheduled to be announced on Friday by RBI Governor Sanjay Malhotra. The central bank has already cut the key policy repo rate by a cumulative 125 basis points since February last year, bringing it down to 5.25 per cent. However, analysts now expect the RBI to pause further easing as inflation shows signs of firming up. “With the current repo rate at 5.25 per ce...

December 5, 2025 10:18 AM

RBI cuts repo rate by 25 bps to 5.25% amid robust GDP growth, record-low inflation

The Reserve Bank of India (RBI) on Friday reduced the repo rate by 25 basis points, bringing it down to 5.25 per cent. The decision was announced by RBI Governor Sanjay Malhotra after the conclusion of the three-day Monetary Policy Committee (MPC) meeting held from December 3 to 5. Governor Malhotra said the MPC conducted a detailed assessment of evolving macroeconomic conditions and the economic outlook before unanimously deciding to implement the rate cut with immediate effect. Announcing t...

December 3, 2025 11:50 AM

RBI’s three-day MPC review begins amid strong growth, easing inflation

The Reserve Bank of India’s (RBI) three-day meeting of the Monetary Policy Committee (MPC) is being held from December 3 to 5. The panel will deliberate on the future course of monetary policy, reviewing the latest readings on growth and inflation. The policy outcome will be announced on Friday by RBI Governor Malhotra at 10 am. The review comes at a time when the economy remains on a strong footing and inflation has eased sharply. GDP grew 8.2 per cent in the July–September quarter of 202...

October 1, 2025 1:54 PM

RBI keeps repo rate unchanged at 5.5%, maintains neutral stance

The Reserve Bank of India (RBI) on Wednesday decided to keep the repo rate unchanged at 5.5 per cent, with the monetary policy committee (MPC) maintaining a “neutral” policy stance. A neutral stance implies that the central bank neither seeks to stimulate the economy nor tighten liquidity, balancing efforts to control inflation without impeding growth. RBI Governor Sanjay Malhotra said the inflation outlook has become more benign due to a sharp decline in food prices and recent GST rate cu...

August 6, 2025 12:32 PM

RBI retains India’s GDP growth forecast at 6.5% for FY 2025-26

The Reserve Bank of India (RBI) on Wednesday retained its GDP growth forecast for India at 6.5% for the financial year 2025-26, citing robust rural demand supported by a favourable monsoon and continued government expenditure on large-scale infrastructure projects. RBI Governor Sanjay Malhotra said, “The above-normal southwest monsoon, lower inflation, rising capacity utilisation, and favourable financial conditions continue to support domestic economic activity. Supportive monetary, regulato...

July 25, 2025 10:08 PM

Anuradha Thakur nominated as director on RBI Central Board

The Central Government has nominated Anuradha Thakur, Secretary of the Department of Economic Affairs, as a Director on the Central Board of the Reserve Bank of India (RBI), replacing Ajay Seth. According to an official release issued on Friday, Thakur's appointment is effective from July 24, and will remain in effect until further notice. Earlier in the day, RBI Governor Sanjay Malhotra stated that the Reserve Bank’s monetary policies are forward-looking, with the Monetary Policy Committee ...

May 29, 2025 3:51 PM

RBI to continue liquidity operations in line with policy stance

The Reserve Bank of India (RBI) on Thursday said it will continue to undertake liquidity management operations in line with its monetary policy stance, to ensure adequate liquidity in the banking system that supports the productive needs of the economy. In its annual report for 2024-25, the central bank emphasised the importance of maintaining financial stability while supporting growth, particularly in the backdrop of easing inflation and moderate economic expansion. With inflation easing bel...

April 7, 2025 2:15 PM

RBI MPC begins, likely to go for 25 bps rate cut on April 9, says SBI report

As the Reserve Bank of India (RBI) began its Monetary Policy Committee (MPC) meeting (from April 7 to April 9) here, SBI Research on Monday said it expects a 25-basis-point rate cut in the policy, and that the cumulative rate cut over the cycle could be at least 100 basis points, with two successive rate cuts in February and April. With an intervening gap in June, the second round of rate cuts could start from August, the SBI report said. “During February 2025 to March 2026, we expect at lea...

November 24, 2024 4:28 PM

Stocks in India likely to react to assembly poll results and fund flows for fresh cues

Domestic stock markets are poised to react on Monday to the outcomes of recent state elections in Maharashtra and Jharkhand, alongside key domestic macroeconomic data and trends in foreign institutional investor (FII) fund flows, according to market analysts. The bi-monthly Monetary Policy Committee (MPC) meeting scheduled for early December is also expected to influence investor sentiment, as analysts anticipate a 25-basis-point rate cut amid concerns over slowing economic growth and moderatin...