20 hours ago · RBI MPC Meet at a Glance: The RBIs monetary policy meeting is expected to result in a 25 basis point repo rate cut, following Finance Minister Nirmala Sitharamans Union Budget 2025. With India's GDP growth slowing and inflation under control, experts believe this cut will support consumption-driven growth. Governor Sanjay Malhotra will announce the decision on February 7, 2025.

19 hours ago · The Reserve Bank of India-led Monetary Policy Committee announced that it will keep the repo rate unchanged at 6.5% for the 11th consecutive meeting, citing inflation concerns and an uncertain growth outlook. The RBI cut the Cash Reserve Ratio to 4% from 4.5% to ease potential liquidity stress amid rising capital outflows and pressure on the rupee.

19 hours ago · As expected, the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) cut rates for the first time since May 2020. The recent easing in consumer price index (CPI) inflation, and the ...

21 hours ago · The Reserve Bank of India (RBI) reduced the repo rate by 25 basis points on Friday, February 7, bringing it down from 6.5% to 6.25%. This decision, taken unanimously by the Monetary Policy Committee (MPC), also adjusts the Standing Deposit Facility (SDF) rate to 6.0% and the Marginal Standing Facility (MSF) and Bank Rate to 6.5%, according to RBI Governor Sanjay Malhotra.

The Monetary Policy Committee is responsible for fixing the benchmark interest rate in India. The meetings of the Monetary Policy Committee are held at least four times a year (specifically, at least once a quarter) and it publishes its decisions after each such meeting.

Dec 6, 2024 · Resolution of the Monetary Policy Committee (MPC) October 7 to 9, 2024; Full Document; Statement on Developmental and Regulatory Policies ; Full Document; Monetary Policy Report – October 2024

Oct 9, 2024 · The Monetary Policy Committee (MPC), with new external members, met on 7th, 8th and 9th October, 2024. After assessing the evolving macroeconomic and financial conditions and the outlook, the MPC decided by a majority of 5 out of 6 members to keep the policy repo rate unchanged at 6.50 per cent.

Oct 1, 2024 · The RBI's Monetary Policy Committee, led by Governor Shaktikanta Das, has appointed Ram Singh, Nagesh Kumar, and Saugata Bhattacharya as new external members. They will contribute to shaping India's monetary policies.

Oct 1, 2024 · As per the provisions of the RBI Act, the Monetary Policy Committee (MPC) consists of six members: three Members from RBI and three are appointed by the Central Government.

17 hours ago · RBI MPC Meeting February 2025: The Reserve Bank of India’s (RBI) six-member Monetary Policy Committee (MPC) Friday cut the repo rate — the rate at which the RBI lends to other banks — by 25 basis points to 6.25 per cent. This is the first rate cut initiated by the RBI in five years, the last one being in May 2020. The repo rate, till now, stood at 6.5 per cent.