RBI MPC meeting LIVE updates: Will Sanjay Malhotra hold repo rate or signal policy shift today?

RBI MPC meeting December 2025 LIVE updates: RBI Governor Sanjay Malhotra will announce the policy outcome at 10 am after the two-day review; catch all the real-time updates here

7:50 AM

RBI MPC Meeting LIVE updates: Who are the 6 MPC members chaired by RBI Guv Malhotra?

The Monetary Policy Committee comprises six members, with three officials from the RBI and three appointed by the government. RBI Governor Sanjay Malhotra serves as the ex officio chairperson.

 

Other members on the committee include:
 

Indranil Bhattacharyya, executive director in charge of monetary policy

Poonam Gupta, deputy governor in charge of monetary policy

Saugata Bhattacharya, economist

Ram Singh, director, Delhi School of Economics

Nagesh Kumar, director & CEO, Institute for Studies in Industrial Development (ISID

7:34 AM

RBI MPC Meeting LIVE updates: Why is monetary policy meeting important?

The MPC meets every two months to set interest rates and project inflation and growth. The repo rate, the rate at which the RBI lends to commercial banks, affects consumers directly. When the repo rate rises, banks often raise loan interest rates, making EMIs for home, car, or personal loans costlier. Conversely, a lower repo rate can reduce borrowing costs but may also lead to lower returns on savings and fixed deposits.

7:16 AM

October review recap: MPC held repo rate at 5.5%, kept neutral stance

In its October 2025 meeting, the rate-setting committee unanimously kept the policy repo rate unchanged at 5.5 per cent and maintained the neutral stance, which had shifted from ‘accommodative’ during the June review. The MPC also raised its FY26 growth forecast to 6.8 per cent and lowered the inflation projection to 2.6 per cent.

7:04 AM

RBI MPC Meeting LIVE updates: Where to watch RBI Governor's address?

Sanjay Malhotra's address will be streamed live on the RBI's YouTube channel, X account, and its official website at 10 am on Friday. You can also follow live updates of the RBI's policy announcement and other updates on Business Standard.

6:54 AM

RBI MPC Meeting LIVE updates: What to expect from Dec MPC meeting?

Economists expect the committee to maintain the status quo in its December policy review. A Business Standard poll showed most economists anticipate no change in the repo rate, citing strong gross domestic product (GDP) growth. Seven of the twelve respondents said no rate cut would be announced on Friday.

6:50 AM

RBI MPC Meeting LIVE updates: Guv Sanjay Malhotra to announce MPC’s Dec policy decision at 10 am

Reserve Bank of India (RBI) Governor Sanjay Malhotra will announce the outcome of the Monetary Policy Committee’s (MPC’s) December meeting today. The meeting, which began on December 3, ran for two days. Malhotra’s address will begin at 10 am.