The Reserve Bank of India (RBI) commenced its three-day Monetary Policy Committee (MPC) meeting on Wednesday, December 3, 2025, at a time when financial markets are closely watching for signs of a possible interest rate cut. During this session, the central bank will evaluate whether the current domestic and global economic backdrop provides sufficient room for monetary easing or if a more cautious, prolonged pause is warranted.
RBI MPC Meeting December 2025: Date, Time; When Governor Will Announce Repo Rate Cut Decision
RBI Governor Sanjay Malhotra will announce the MPC's decisions at a press conference scheduled for 10:00 AM on Friday, December 5, 2025, marking the conclusion of the policy review. Investors, economists and industry leaders are anticipating whether the RBI will maintain its wait-and-watch approach or consider a course correction in response to moderating inflation and emerging external risks.

When and Where to Watch the RBI Governor Sanjay Malhotra's Speech Live Today?
As per tradition, the RBI will livestream the policy announcement across its official digital platforms, including its YouTube channel and social media accounts such as X (formerly Twitter). In addition to Governor Malhotra's statement, MPC members will engage with the media and address questions during the briefing.
The Ministry of Finance and the Press Information Bureau (PIB) will simultaneously publish updates and share livestream links through their official websites to ensure wider public access.
Will RBI Cut Repo Rate in Monetary Policy Meeting on 5 December 2025? Check Expectations
"As the RBI's MPC meets, the realised inflation and the trajectory provides space for RBI to ease interest rates to improve the transmission, however the weakening rupee and strong GDP might push the same for February meeting. The expert expectations are divided on the status quo or a cut. A pause provides stability but does not immediately ease pressure on borrowers, many of whom are still coping with elevated EMIs on floating-rate loans taken over the past two years," said Kunal Shah, Co-founder, SURE.
What Happened in the Previous MPC Meetings?
The upcoming policy meeting holds heightened significance as global economic uncertainty rises and Indian markets continue to face bouts of volatility. The RBI reinforced this stance again in the October 2025 meeting, when the MPC unanimously voted to retain the repo rate at 5.5 percent along with the neutral stance.
At that time, the central bank also revised the FY26 GDP growth projection upward to 6.8 percent, reflecting stronger-than-expected economic performance, while lowering the inflation forecast to 2.6 percent, supported by easing food prices and stable supply conditions.
During the August 2025 MPC meeting, the committee chose to maintain the repo rate at 5.50 percent and kept its policy stance neutral, despite pressures stemming from global trade disruptions. The decision came shortly after the United States imposed an additional 25 percent tariff on August 27, raising the total tariff burden to 50 percent, exacerbating global supply chain concerns.
Despite external headwinds, the RBI maintained its position in August, citing robust domestic fundamentals, including an above-normal monsoon, cooling inflation, higher capacity utilisation and conducive liquidity conditions. These factors, the central bank noted, justified holding rates steady.
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