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This marks the fourth RBI MPC meeting of the financial year 2024-25. The central bank holds six bi-monthly meetings annually, reviewing various macroeconomic indicators. Previous meetings this financial year took place in April,

What will Shaktikanta Das say on RBI's policy stance? Stay tuned to our RBI policy live blog for the latest updates.

The Reserve Bank of India (RBI) is set to conclude the three-day Monetary Policy Committee (MPC) meeting today, with Governor Shaktikanta Das expected to announce the central bank's decision on policy rates.

A poll by Moneycontrol of 12 economists, bankers, and fund managers showed that the RBI’s Monetary Policy Committee (MPC) will keep the key interest rates unchanged.

MPC to remain unambiguously focused on a durable alignment of inflation with the target, while supporting growth

The RBI’s rate-setting panel is widely expected to keep the benchmark repo rate unchanged at 6.5% for the tenth straight meeting. However, most economists estimate a change in policy stance of ‘withdrawal of accommodation’.

The Reserve Bank of India (RBI) has pegged the repo rate unchanged at 6.5 per cent. Governor Shaktikanta Das said while announcing the monetary policy statement on Wednesday that the decision was taken with 5:1 majority.

The central bank has kept the repo or short-term lending rate unchanged at 6.5 percent since February 2023, and experts think some easing could only be possible in December. The government has tasked the central bank to ensure that Consumer Price Index (CPI) based retail inflation remains at 4 per cent with a margin of 2 per cent on either side.