The Reserve Bank of India (RBI)'s Monetary Policy Committee (MPC) is set to convene for its fourth meeting of the financial year 2025-26. The three-day deliberation will begin on September 29 and conclude on October 1, 2025, with the outcome to be announced by RBI Governor Sanjay Malhotra.
RBI MPC Meeting October 2025: Check Date & Time
Governor Sanjay Malhotra will announce monetary policy decisions in a press conference scheduled for 10:00 AM on Wednesday on October 1, 2025 on the final day.

When and Where To Watch Governor Sanjay Malhotra's Speech Live on October 1, 2025?
As per tradition, the central bank will livestream the policy announcement across its official digital platforms, including its YouTube channel and social media handles such as X (formerly Twitter).
In addition to the governor's statement, the MPC members will address the media and take questions. The Ministry of Finance and the Press Information Bureau (PIB) will also publish detailed updates and share the livestream links via their respective websites.
Will RBI Cut Repo Rate in October 2025?
RBI is widely expected to hold the repo rate steady at 5.50% during its October MPC meeting, according to a poll conducted by Goodreturns. Out of the 30 economists surveyed, 17 anticipate a status quo, while the remaining 13 foresee a rate cut, primarily of 25 basis points.
While there appears to be some headroom for easing, most analysts believe the central bank will tread cautiously in light of potential growth headwinds, particularly from the recent escalation in US trade tariffs. This has led to a broader consensus that the RBI may prefer to maintain its current policy stance for the remainder of the year.
Nevertheless, a smaller segment of economists expects a modest reduction, with some even suggesting a cut between 25 to 50 basis points, should macroeconomic conditions warrant further support.
"In the previous MPC meeting held in August 2025, the RBI retained the repo rate at 5.50%, following a 50 basis point reduction in June 2025. Street largely expect the RBI to maintain the repo rate at 5.50% (unchanged), citing subdued inflation and potential risks to growth," stated Bajaj Broking.
RBI MPC Meeting August 2025 Highlights
This upcoming meeting holds particular significance amid rising global economic uncertainty and sustained volatility in Indian markets. In its previous MPC meeting in August 2025, the committee maintained the repo rate at 5.50% and adopted a neutral policy stance, even as the global trade environment worsened with the implementation of additional 25% US tariffs on August 27, bringing the total to 50%.
The RBI, however, cited strong domestic fundamentals, including an above-normal monsoon, easing inflation, higher capacity utilisation and favourable liquidity conditions, as reasons to remain on hold.
RBI MPC Meeting June 2025 Highlights
Notably, the June 2025 MPC meeting saw more decisive action. The RBI delivered a "jumbo" rate cut of 50 basis points, lowering the repo rate from 6.00% to 5.50%. It also reduced the Cash Reserve Ratio (CRR) by 100 basis points, aimed at injecting additional liquidity into the system. These measures were taken in response to evolving domestic and global macroeconomic conditions, including inflation moderation, shifting growth trends, and a rebalancing of supply-demand dynamics.
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