RBI's Monetary Policy Committee to Announce Key Decisions on April 8, 2026

Original: RBI MPC meeting: Date, time, where & how to watch Governor Sanjay Malhotra's policy address

Mint•Apr 8, 20263 min

In a Nutshell

The Reserve Bank of India's Monetary Policy Committee (MPC), led by Governor Sanjay Malhotra, will announce its monetary policy decisions on April 8, 2026. Analysts predict the repo rate will remain unchanged at 5.25% amid geopolitical tensions and inflation concerns. The announcement will be broadcast live on the RBI's YouTube channel.

Key Points

01The MPC meeting is scheduled from April 6 to April 8, 2026.
02The repo rate is expected to remain at 5.25%, following a previous pause in February.
03Concerns over GDP growth and external pressures influence the MPC's decision-making.
04Inflation is projected to be relatively low at 3.21% as of February 2026.
05The RBI's policy approach aims to support economic stability and growth.

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Full Summary

The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) will announce its monetary policy decisions on April 8, 2026, during its bi-monthly meeting from April 6 to April 8. Led by Governor Sanjay Malhotra, the committee is expected to maintain the repo rate at 5.25%, following a previous decision in February to keep rates unchanged after significant cuts in 2025. Analysts, including Apoorva Javadekar (Chief Economist at Muthoot FinCorp), believe that the RBI will adopt a 'wait-and-watch' approach due to concerns about GDP growth amid rising geopolitical tensions and a depreciating Indian rupee. Current inflation stands at 3.21%, providing the RBI with room to maintain stability. Market expectations suggest that while the swaps market anticipates potential rate hikes, the RBI is likely to prioritize economic support over aggressive rate adjustments. The policy announcement will be broadcast live on the RBI's YouTube channel at 10:00 AM on April 8, followed by a press conference at noon.

Key Figures

5.25%

Current repo rate expected to remain unchanged

3.21%

Inflation rate as of February 2026

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Why It Matters

The decision to maintain the repo rate could influence borrowing costs for consumers and businesses. A stable rate may support economic growth and investment, particularly in sectors reliant on credit.

Who is affected

borrowers, businesses, and investors in India

What to know

Individuals considering loans should monitor the RBI's announcement for potential impacts on interest rates.

FAQ

The RBI will announce its monetary policy at 10:00 AM on April 8, 2026.

The meeting will be broadcast live on the RBI's YouTube channel.

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