RBI MPC April 2025 Date, Time, and Live Speech by Governor Sanjay Malhotra; All You Need to Know

The Reserve Bank of India (RBI) has begun its first Monetary Policy Committee (MPC) meeting of the financial year 2025-26, starting today, Monday, April 7 which will conclude on April 9th when the final decision will be announced by the RBI governor Sanjay Malhotra . Currently All eyes are on this crucial RBI MPC April 2025 session, as market participants are looking forward to major updates on interest rates, inflation, and GDP growth.

When and Where to Watch the RBI MPC Live?

The RBI MPC meeting will run from April 7 to April 10, 2025, and the policy announcement will take place on April 9th 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. The much-anticipated Sanjay Malhotra speech is also expected to shed light on the central bank's monetary stance and future outlook.

For FY25-26, the RBI Monetary Policy Schedule includes six key meetings: April 7-10, 2025 (ongoing); June 4-6, 2025; August 5-7, 2025; September 29-October 1, 2025; December 3-5, 2025; and February 4-6, 2026.
The RBI Monetary Policy Committee (MPC) consists of six members. It is chaired by Sanjay Malhotra, the Governor of the Reserve Bank of India (ex officio), along with M. Rajeshwar Rao, Deputy Governor (in charge of monetary policy), and Rajiv Ranjan, Executive Director (in charge of monetary policy).

RBI Monetary Policy February 2025 Recap

In February 2025, the Reserve Bank of India (RBI) cut the repo rate by 25 basis points, bringing it down to 6.25%. This was the first rate cut in five years, and it came after 11 straight meetings where rates remained unchanged under the previous governor, Shaktikanta Das. The Standing Deposit Facility (SDF) was held steady at 6%, while the Marginal Standing Facility (MSF) and Bank Rate stayed at 6.5%. The current RBI Governor, Sanjay Malhotra, also announced that the CPI inflation target for FY26 would be 4.2%, while India's GDP growth is expected to reach 6.7% during the same period. The February rate cut brought much-needed relief for borrowers, especially those with home loans, personal loans, and auto loans.

This time the RBI is expected to focus on supporting economic growth while keeping inflation within the target range. According to analysts, the RBI MPC may retain its neutral stance but is likely to maintain the repo rate at 6.25%.