27 March 2024, New Delhi, India — The Reserve Bank of India (RBI) has scheduled the first meeting of its Monetary Policy Committee (MPC) for the next financial year (FY25) from April 3-5, 2024.
The RBI will hold a total of six MPC meetings throughout FY25, following the requirement to meet at least four times annually. Subsequent meetings are scheduled for June, August, October, December, and February.
Inflation and Growth to Guide Decisions
Economists anticipate the RBI to maintain its current “withdrawal of accommodation” stance due to moderate inflation and stable economic activity. However, some predict a shift to a neutral stance as higher GDP growth offers space to prioritize inflation control.
