RBI Announces FY 2026-27 MPC Schedule; First Meeting Begins 6th April

The Reserve Bank of India (RBI) has announced the schedule for Monetary Policy Committee (MPC) meetings for the financial year 2026–27.

The first policy meeting of FY27 will be held on April 6, 7 and 8, 2026, with the policy decision to be announced on April 8.

What is the Schedule for Six MPC Meetings for FY 2026-27

According to the RBI, a total of six MPC meetings will be conducted during the financial year.

The RBI MPC meeting dates are as follows:

• April 6–8, 2026
• June 3–5, 2026
• August 3–5, 2026
• October 5–7, 2026
• December 2–4, 2026
• February 3–5, 2027

These meetings will determine key policy decisions, including interest rates and liquidity measures.

Statistical Highlights from RBI MPC Meetings in FY 2025–26

To understand the current policy direction, here is a summary of key policy decisions from the last RBI meeting, FY 2025–26.

Parameter	June 2025	August 2025	October 2025	December 2025	February 2026
Repo Rate	5.50% (cut)	5.50% (hold)	5.50% (hold)	5.25% (cut)	5.25% (hold)
Policy Stance	Neutral (from accommodative)	Neutral	Neutral	Neutral	Neutral
GDP Forecast (FY26)	~6.5%	Unchanged	~6.8%	~8.2%	~7.4%

Summary of Recent RBI MPC Meeting in February of 2025-26

1. Latest Policy Update: Repo Rate Held at 5.25%

In its most recent policy review in February 2026, the MPC kept the repo rate unchanged at 5.25%.

The decision followed cumulative rate cuts of 125 basis points or 1.25% since February 2025, after which the central bank paused further changes.

2. RBI Maintains Neutral Policy Stance

The MPC maintained a neutral stance, indicating that future policy actions will depend on incoming data on growth and inflation.

The RBI aims to balance price stability with economic expansion while monitoring global and domestic developments.

3. Market Implications

The central bank expects GDP growth at 7.4%, supported by domestic demand and easing inflation pressures.

Stable interest rates are expected to support borrowing conditions, investment activity and overall financial stability.

Conclusion

The RBI’s MPC calendar provides clarity on upcoming policy timelines for FY27.

With rates currently unchanged and the stance remaining neutral, future decisions will be guided by economic data and evolving macro conditions.

Stay tuned for the latest updates on RBI’s MPC meetings in FY 2026-27!

Source: https://timesofindia.indiatimes.com

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