Mumbai, Mar 26 (PTI) The Reserve Bank of India (RBI) on Wednesday announced the schedule for the bi-monthly monetary policy committee (MPC) meetings for financial year 2025-26.

The rate-setting panel will hold its first meeting of the fiscal from April 7-9 and the next will begin on June 4, as per an official statement.

Typically, the six-member panel votes on a resolution on the third day of the meeting and the governor announces the decision in the first half of the day after the vote is completed.

The second bi-monthly policy review meeting will end on June 6, the statement said, adding that this will be followed by three-day meetings in August, September, December, and February.

The six-member panel headed by the governor has three external members.

The MPC announces the bi-monthly monetary policy after deliberations on the prevailing domestic and economic situations.

The committee at its last meeting held in February had reduced the key short-term lending rate by 25 basis points after a gap of nearly 5 years. PTI NKD NKD SHW

Monetary policy schedule set for FY26; MPC to hold bi monthly meetings and announce rate decisions after committee votes. The Reserve Bank of India published the FY26 schedule for its Monetary Policy Committee, setting bi monthly multi day meetings where the six member MPC (including three external members) will deliberate on economic conditions; decisions follow a committee vote and the governor announces the outcome shortly thereafter, with most reviews arranged as three day meetings and specific start/end dates provided.