The Reserve Bank of India’s Monetary Policy Committee (MPC) will kick start its 3-day meeting from September 29 to October 1, 2025. The six-member panel will conclude with a press conference by RBI Governor Sanjay Malhotra, where he will announce the committee’s decision on the repo rate and other key measures.
RBI MPC meeting 2025: Check date
According to the RBI’s FY26 calendar, this will be the fourth MPC meeting of the year. It will begin on September 29 and end on October 1. As always this is a 3-day meeting.
Where to check RBI MPC announcements
RBI livestream: The RBI will livestream the policy announcement on October 1, 2025, followed by a press conference at 10:00 AM on its YouTube channel and social media handles, including X (formerly Twitter). The governor and MPC members will also take questions from the media.
Government websites: The Ministry of Finance and PIB will publish the details on their websites and share the livestream link.
Financial Express: Financial Express will bring you live coverage of the policy decisions, their implications, and the economic outlook.
Highlights of RBI’s August MPC meeting
In the August 2025 meeting, the MPC held the repo rate at 5.50% and maintained a neutral stance. The decision came just before the implementation of additional US tariffs of 25% (taking the total to 50%) from August 27.
The RBI cited multiple factors supporting growth—an above-normal monsoon, easing inflation, rising capacity utilisation, and favourable financial conditions. It also highlighted supportive government policies—monetary, regulatory, and fiscal—along with sustained public investment as drivers of economic activity. The RBI retained its real GDP growth forecast for FY2025-26 at 6.5%, saying the Indian economy remains resilient despite global uncertainties.
Highlights of RBI’s June MPC meeting
The August pause followed three consecutive repo rate cuts totaling 100 bps earlier in the year. In June 2025, the RBI delivered a particularly large 50 bps “jumbo” cut, reducing the repo rate from 6.00% to 5.50%. It also cut the Cash Reserve Ratio (CRR) by 100 bps to inject additional liquidity.
The MPC’s decisions are based on a broad assessment of inflation trends, growth outlook, global developments, and the domestic balance of demand and supply.