The Reserve Bank of India (RBI) has released the schedule for the bi-monthly Monetary Policy Committee (MPC) meetings for the financial year 2025-26. The first meeting of the fiscal will take place from April 7-9, with the rate decision set to be announced on April 9. The next meeting will commence on June 4.
As per tradition, the six-member panel, which includes three external members, votes on the policy resolution on the third day of each meeting. The RBI governor then announces the decision in the first half of the day following the vote.
The second bi-monthly policy review will conclude on June 6, followed by additional meetings scheduled for August, September, December, and February.
The MPC reviews the domestic and economic landscape before making key monetary policy decisions. In its last meeting in February, the committee cut the key short-term lending rate by 25 basis points, marking the first reduction in nearly five years.
