RBI MPC Meeting: Live Updates and Analysis of Sanjay Malhotra's Key Decisions

As the Reserve Bank of India (RBI) concludes its first Monetary Policy Committee (MPC) meeting for the financial year 2025-26, market participants are eagerly awaiting the policy announcement by RBI Governor Sanjay Malhotra. The meeting, which took place from April 7 to April 10, 2025, is crucial in defining the central bank's stance on interest rates, inflation, and economic growth. Here’s a comprehensive guide on when and where to watch the key decisions and what to expect from this significant event.

Key Expectations from the RBI MPC Meeting

The RBI MPC meeting is pivotal due to current global economic challenges, including rising trade tensions and inflationary pressures. In its previous meeting in February 2025, the RBI cut the repo rate by 25 basis points to 6.25%, marking the first rate cut since May 2020. This move was aimed at stimulating economic growth while maintaining inflation within target levels. Here are the key expectations from the April 2025 meeting:

• Interest Rate Change: Analysts predict a possible further cut in the repo rate by up to 25 basis points to support growth amidst easing inflation and global economic headwinds[1][2].
• Inflation and Growth Projections: The RBI is expected to provide updated inflation forecasts for FY26 and discuss strategies to maintain economic growth at around 6.7%[1][3].
• Monetary Policy Stance: The MPC is likely to retain its neutral stance, allowing for flexibility in monetary decisions based on future economic developments[2][5].

When and Where to Watch

The policy announcement will take place on April 9, 2025, at 10:00 AM, followed by a press conference at 12:00 PM. Here are the details on how to watch live:

• Live Streaming: The RBI will stream the announcement on its official YouTube channel and social media platforms such as Facebook and X (formerly Twitter)[1][3].
• Press Conference Coverage: The post-policy press conference will also be live-streamed, offering insights into the rationale behind the MPC's decisions[3][5].
• Additional Coverage: News outlets such as Moneycontrol, News18, and Economic Times will provide live blogging and in-depth analysis of the event[4][5].

RBI Monetary Policy Committee Structure

The RBI's Monetary Policy Committee consists of six members, led by Governor Sanjay Malhotra. Other key members include Deputy Governor M. Rajeshwar Rao and Executive Director Rajiv Ranjan, who play crucial roles in shaping the monetary policy[1].

Key Members and Roles:

• Sanjay Malhotra: Governor of the Reserve Bank of India and Chair of the MPC.
• M. Rajeshwar Rao: Deputy Governor responsible for monetary policy.
• Rajiv Ranjan: Executive Director overseeing monetary policy operations.

Background and Past Decisions

In the recent past, the RBI has taken several steps to balance economic growth and inflation control. Here are some key points from previous meetings:

• February 2025 Meeting:
• Repo Rate Cut: A 25 basis point reduction to 6.25%, marking the first rate cut in five years[2][3].
• Neutral Stance: Retention of a neutral monetary policy stance to allow flexibility based on future developments[2][5].
• Inflation Projections: CPI inflation target for FY26 set at 4.2% while forecasting GDP growth at 6.7%[1][2].

Impact and Implications

The decisions made during the April 2025 MPC meeting will have significant implications for India's economy:

• Interest Rate Implications:

• A potential rate cut could further reduce borrowing costs for consumers and businesses, boosting economic activity.

• Home loan, personal loan, and auto loan customers could see reductions in their EMIs[1][3].

• Inflation and Growth Outlook:

• Maintaining inflation within the target range is crucial for economic stability.

• The growth projection for FY26 will be closely watched to assess if the RBI expects India's GDP to align with current forecasts[1][3].

Conclusion

The RBI's MPC meeting in April 2025 is pivotal, given the ongoing global economic challenges and India's aim to maintain growth momentum. With a potential interest rate change on the horizon, market participants and consumers alike are eagerly awaiting Governor Sanjay Malhotra's announcement on April 9, 2025. The live streaming and press conference will provide crucial insights into the RBI's strategy for navigating the economic landscape in FY26.

High-Search-Volume Keywords Included:

• RBI MPC Meeting
• Sanjay Malhotra
• Interest Rates
• Repo Rate
• Inflation Projections
• Economic Growth Outlook
• Monetary Policy Stance

This article aims to provide detailed coverage of the RBI MPC meeting, focusing on key expectations, live streaming details, and the impact of the decisions on the Indian economy, ensuring it is both informative and SEO-optimized.