New Delhi, 07 April (H.S.):

The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) continues its three-day review meeting on the second day amid the West Asia crisis. The meeting began on Monday, with Governor Sanjay Malhotra scheduled to unveil decisions tomorrow at 10 AM.

RBI confirmed via an X post that the monetary policy announcement is set for April 8, 2026. Governor Malhotra will disclose the meeting outcomes at 10 AM on Wednesday.

Chaired by Governor Sanjay Malhotra, this session unfolds amid challenging conditions from global tensions and rising oil prices. As the first three-day review for FY 2026-27, it runs through April 8, with economists anticipating the repo rate will hold steady at 5.25%.

Economists expect RBI to maintain the repo rate at 5.25% amid global uncertainties, elevated crude prices, and currency pressures. The review will address policy interest rates and inflation.

The repo rate is the interest rate at which RBI lends short-term funds to banks, directly impacting loans, EMIs, savings, and investments. The last MPC in February 2026 kept it unchanged at 5.25%, following 125 basis points of cuts since February 2025—the final reduction in December 2025.

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Hindusthan Samachar / Jun Sarkar