RBI MPC Meeting Today: The three-day meeting of the RBI’s monetary policy committee (MPC) has started on Monday, and the repo rate decision will be announced on Wednesday. It is the Reserve Bank of India’s (RBI) first monetary policy review after the recent large-scale GST cuts. Economists are divided on the RBI MPC’s upcoming decision, as they say the central bank is expected to keep the repo rate unchanged, but a surprise cut is possible.

The RBI has already reduced the repo rate three times by 100 bps in the current rate cut cycle — 25 bps cut each in February and April, and 50 bps in June. However, in the previous policy, August 2025, the key policy rate was kept unchanged at 5.5%, with the ‘neutral’ stance.

RBI Monetary Policy 2025: What Analysts Expect

According to a report by St

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