- Policy
- 1 min read
RBI releases FY25 schedule for Monetary Policy Committee meetings
Wednesday's dates are for the next financial year, with meetings scheduled all the way till February, next year. The second meeting will be held from June 5-7 while the next meeting is scheduled between August 6-8.
The Reserve Bank of India on Wednesday announced the schedule for future meetings of its Monetary Policy Committee (MPC), with the first three-day meeting scheduled for April 3 till April 5.
Wednesday's dates are for the next financial year, with meetings scheduled all the way till February, next year. The second meeting will be held from June 5-7 while the next meeting is scheduled between August 6-8.
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, according to the RBI's announcement.
The RBI's MPC is responsible for fixing the benchmark interest rate, with meetings held at least four times a year, once each quarter. After raising interest rates by a cumulative 250 basis points between May 2022 to February 2023, the MPC has maintained a status quo on monetary policy.
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