The RBI's Monetary Policy Committee meets amid strong economic growth and record low inflation. Governor Sanjay Malhotra leads the panel, which is considering a repo rate cut. Markets are divided on whether the key rate will be lowered from 5.5% or held steady.

RBI MPC Meet 2025: Date, time, and where to watch Governor Sanjay Malhotra’s policy statement

RBI's Monetary Policy Committee to Meet Amid Strong Economic Growth and Record Low Inflation

The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) will convene from December 3 to 5, 2025, against the backdrop of six-quarter high economic growth and inflation hitting a record monthly low.

Key Points

The RBI's MPC is led by Governor Sanjay Malhotra and consists of six members.
The committee will evaluate the repo rate, liquidity trends, inflation outlook, and growth forecasts.

Market Expectations

Markets are divided on whether the key rate will be lowered from 5.5% or held steady. In an ET poll of 20 economists, 12 leaned toward RBI cutting the key rate by 25 basis points (bps) to 5.25% this Friday.

Recent Developments

The RBI had, in its last meeting, revised the inflation target for the current financial year to 2.6%. This announcement marked a significant moderation from earlier projections of 3.1%.

What to Expect?

Repo rate cut: 12 economists polled by ET expect RBI to cut the key rate by 25 bps to 5.25%.
No change in repo rate: 8 economists, including State Bank of India, expect RBI to keep policy rate unchanged.

RBI MPC Announcement

The outcome of the discussions will be announced on Friday, December 5, at 10:00 AM by Governor Sanjay Malhotra.

Where to Watch?

The announcement will be streamed on RBI's official YouTube channel.
Live updates and expert reactions will be available on The Economic Times platform throughout the day.