Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) will hold its first meeting of FY 2025-26 between April 7 and April 9, with the decision on the repo rate to be announced on April 9.
In the previous meeting, the MPC reduced the repo rate by 25 basis points (bps) from 6.5% to 6.25%.
There are expectations for a further rate cut of 25 bps in the April meeting, as mentioned in a report by the State Bank of India (SBI).
The RBI Governor Sanjay Malhotra's speech will be live-streamed on the RBI's social media accounts, including Facebook, and on RBI's YouTube channel.