Rbi mpc meet: After the budget (Budget 2025), all eyes are now on the meeting of the Reserve Bank of India (RBI) on Wednesday, February 5, the six -member Monetary Policy Committee (MPC). The meeting is expected to cut the repo rate for the first time in about five years. This meeting, which is going to be held amidst dull economic growth and stock markets fluctuations, is important. In December 2024, Sanjay Malhotra took over as Governor after Shaktikanta Das ended his term. This will be the first meeting of the MPC, in which he will be involved as the Governor.
RBI Mpc Meeting 2025: Note Date and Time
The three -day meeting of the Monetary Policy Committee (MPC) will begin on February 5, Wednesday. The meeting will be held under the chairmanship of the Reserve Bank of India (RBI) Governor Sanjay Malhotra, in which significant announcements on interest rates will be made on 7 February.
The market is eager to cut interest rates, and according to reports it is expected to have a deficiency of 25 basis points. If this happens, the benchmark lending rate will decrease from the current 6.5 percent to 6.25 percent.
MPC meeting dates- 5 February to 7 February, 2025
Repo Rate Declaration- February 7, 2025 at 10:00 am
RBI Governor’s press conference- 7 February 2025 at 12:00 pm
After the announcement of interest rates, Governor Sanjay Malhotra will interact with the media, in which he will share his views on the Union Budget 2025, Indian economy and RBI’s decision.
RBI MPC Meeting 2025: When and where MPC meeting
You can check the Live Teleclass RBI official X Handle (X) and YouTube platform after the meeting of the Monetary Policy Committee (MPC) and the announcement of the central bank. In addition, business standard will provide latest information through its live blog. Many other platforms will also telecast the program live.
Everyone will be eyeing the new governor Sanjay Malhotra
In December 2024, Sanjay Malhotra took charge as the 26th RBI Governor after the tenure of Shaktikanta Das, former Governor of the Central Bank. This will be the first meeting of the MPC, in which he will be involved as the Governor.
The government has not yet announced a new economist sub-governor in RBI after Michael Patra’s term ended in mid-January. The economist sub-governor handles the responsibility of the Monetary Policy Department and is also a member of the Monetary Policy Committee (MPC). After Patra left the post, the Monetary Policy Department is now under M. Rajeshwar Rao, who, along with other departments, oversee the regulation.