The committee comprises six members – three officials of the Reserve Bank of India and three external members nominated by the government of India. They need to observe a "silent period" seven days before and after the rate decision for "utmost confidentiality".

3 days ago · As expected, the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) cut rates for the first time since May 2020. The recent easing in consumer price index (CPI) inflation, and the ...

4 days ago · The RBI MPC (monetary policy committee), unanimously, under the new leadership of Mr Sanjay Malhotra, cut repo rate by 25 bps to 6.25%. This move was as per market expectations, especially post ...

Dec 6, 2024 · Resolution of the Monetary Policy Committee (MPC) October 7 to 9, 2024; Full Document; Statement on Developmental and Regulatory Policies ; Full Document; Monetary Policy Report – October 2024

3 days ago · RBI MPC Meet 2025 Highlights: The Reserve Bank of India reduced the repo rate by 25 basis points, lowering it to 6.25%, under the leadership of new Governor Sanjay Malhotra. The decision was influenced by a resilient Indian economy amidst global uncertainties and marked the first reduction since May 2020.

Dec 20, 2024 · After assessing the current and evolving macroeconomic situation, the Monetary Policy Committee (MPC) at its meeting today (December 6, 2024) decided to: Keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.50 per cent.

Oct 9, 2024 · It stands out for its committee approach to decision making; transparency of policy making process and communication; accountability hinging upon quantitatively defined inflation target; and operational independence. Over the years, the framework has matured across various interest rate cycles and monetary policy stances. 2.

Oct 1, 2024 · As per the provisions of the RBI Act, the Monetary Policy Committee (MPC) consists of six members: three Members from RBI and three are appointed by the Central Government. In exercise of the powers conferred by section 45ZB of the Reserve Bank of India Act, 1934, the Central Government has accordingly reconstituted the Monetary Policy ...

Feb 8, 2024 · The Reserve Bank of India's Governor-led Monetary Policy Committee (MPC) concluded its recent meeting, maintaining the repo rate at 6.5%. This decision comes amidst concerns over inflation, with retail inflation remaining near the upper end of …

Oct 1, 2024 · The RBI's Monetary Policy Committee, led by Governor Shaktikanta Das, has appointed Ram Singh, Nagesh Kumar, and Saugata Bhattacharya as new external members. They will contribute to shaping India's monetary policies. The committee will hold a significant meeting on October 9, addressing crucial economic decisions for the country.