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RBI releases FY25 schedule for meetings of Monetary Policy Committee
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Reserve Bank of India on Wednesday detailed the schedule for meetings of the Monetary Policy Committee (MPC) for the next financial year, with the first such three-day meeting to be held from April 3-5.
The next meeting will be held from June 5-7 while the August meeting is scheduled from the 6th to the 8th of that month.
The meeting schedule for the second half of the next financial year is as follows – October 7-9, December 4-6 and February 5-7, the RBI said.
The six-member MPC is the rate-setting panel of the central bank, comprising three RBI officials and three external members. After raising interest rates by a cumulative 250 basis points from May 2022 to February 2023, the MPC has maintained a status quo on monetary policy.
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