RBI Postpones Upcoming MPC Meeting to August 4–6, 2025
The Reserve Bank of India Reschedules Next MPC Meeting
The Reserve Bank of India (RBI) has decided to advance its August 2025 Monetary Policy Committee (MPC) meeting to August 4–6 for administrative reasons. This change comes after a significant repo rate and Cash Reserve Ratio (CRR) cut was announced during the June MPC meeting.
RBI Reschedules Next MPC Meeting to August 4–6, a Day Ahead
The upcoming MPC meeting was originally scheduled for August 5 to 7, 2025, but will now take place a day earlier, from August 4 to 6. The RBI attributed this adjustment to administrative purposes. The announcement was made shortly after the June 2025 policy rate decision was disclosed during the same day.
June Policy Review: RBI Announces Sharp Rate Cuts
During the recent MPC meeting, the RBI introduced a substantial 50 basis points (bps) reduction in the repo rate and a 100 bps decrease in the Cash Reserve Ratio (CRR). The central bank also shifted its policy stance to ‘neutral’, indicating a balanced approach towards managing inflation and fostering growth.
GDP Forecast Remains Steady for FY26
The RBI maintained its real GDP growth forecast for the fiscal year 2025–26 at 6.5 per cent. Governor Sanjay Malhotra confirmed that the projection remains consistent with previous estimates, with quarterly growth predicted at 6.5 per cent in Q1, 6.7 per cent in Q2, 6.6 per cent in Q3, and 6.3 per cent in Q4.
April Meeting Recap: First Rate Cut of FY26
This marked the second meeting of the RBI in FY26, following the initial meeting in April where the repo rate was reduced by 25 basis points to 6.00 per cent.
How Often Does the MPC Meet?
The Monetary Policy Committee (MPC) of the Reserve Bank of India typically convenes six times a year, approximately once every two months, as stipulated by the RBI Act, 1934. The meeting schedule is announced in advance to ensure transparency and predictability for financial markets and stakeholders. Each meeting spans three days, usually consisting of six members led by the Governor, with the decision unveiled on the final day of the meeting.
