RBI Monetary Policy Meet 2025: Where To Watch Guv Sanjay Malhotra's Speech; Date & Time Inside

The Reserve Bank of India's first Monetary Policy Committee (MPC) meeting of 2025 is set to take place from February 4 to February 7. The newly appointed RBI Governor Sanjay Malhotra is currently on everybody's watch as market participants and policymakers are keenly looking forward to any potential shifts in monetary policy. The spotlight will be on February 7, when Governor Malhotra will announce the outcome of this meeting.

When and Where to Watch the RBI MPC Live?

The RBI's policy announcement will take place on February 7 at 10:00 AM, with Governor Malhotra delivering his speech live on RBI's official YouTube channel and social media platforms, including Facebook and X (formerly Twitter). Following the announcement, he will address the media at the RBI Press Conference expected to begin at 12:00 PM, which will also be live streamed.

Previous RBI MPC Meeting Updates (December 2024)

During the Monetary Policy Committee (MPC) meeting in December 2024, the Reserve Bank of India (RBI), under the leadership of former Governor Shaktikanta Das, decided to keep the repo rate unchanged at 6.5%. This was the eleventh consecutive meeting where the central bank maintained the same interest rate. However, in an effort to boost liquidity in the banking system, the Cash Reserve Ratio (CRR) was cut by 50 basis points (0.50%). The overall monetary policy stance remained 'neutral,' indicating a balanced approach between controlling inflation and supporting economic growth.

Alongside its interest rate decision, the RBI also revised its economic growth forecast for FY25. The central bank lowered its GDP growth projection from 7.2% to 6.6%, citing weaker-than-expected economic performance.

This revision came after India's Gross Domestic Product (GDP) growth for Q2 FY25 slowed to 5.4%, marking the slowest growth rate in seven quarters. The slowdown was attributed to sluggish demand, weaker industrial output, and global economic uncertainties, which impacted business activity and consumer spending.

Key Expectations from the RBI Policy Meeting 2025

The upcoming RBI Monetary Policy Meeting, which follows the announcement of the Union Budget 2025, is expected to bring some important policy changes. Governor Sanjay Malhotra may announce a repo rate cut from 6.5% to 6.25%, as per market expectations.

Analysts believe the RBI might lower interest rates as the inflation gradually declines and the economy needs a growth boost. Investors and businesses will also keep an eye on any possible adjustments to the Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR), and the central bank's overall approach to economic expansion following Budget 2025.