RBI MPC meeting schedule for FY25 released, first meet next week

Reserve Bank of India

The Reserve Bank of India (RBI) on March 27 announced the meeting schedule of the Monetary Policy Committee (MPC) for financial year 2025.

As per the RBI Act, the MPC must meet a minimum of four times in a year, with the meeting schedule for a year to be published by the central bank at least one week before the first meeting for that year.

Next week, the six-member Monetary Policy Committee (MPC) of the RBI will meet on April 3-5.

After next week, the MPC will meet on June 5-7, August 6-8, October 7-9, December 4-6, and February 5-7, the RBI said in a statement on March 27.

As per Moneycontrol’s poll for April monetary policy, MPC of the RBI is likely to maintain the status quo in the upcoming April monetary policy while remaining cautious on inflation, according to Moneycontrol’s poll of at least 21 economists, bankers and fund managers.

This is because of the moderation in Consumer Price Index (CPI) inflation in February and stable economic activity, said a majority of the economists who participated in the poll. Also, experts pointed out that higher growth in Gross Domestic Product (GDP) gives the central bank room to focus more on lowering inflation.

The majority of experts said that the central bank will maintain its ‘Withdrawal of Accommodation’ stance. However, one economist said it will be changed to neutral.