Introduction to RBI’s Monetary Policy Committee Meeting
The Reserve Bank of India (RBI) commenced its three-day Monetary Policy Committee (MPC) meeting on Wednesday, December 3, 2025. This meeting is being closely watched by financial markets for signs of a possible interest rate cut. The central bank will evaluate the current domestic and global economic backdrop to determine whether there is sufficient room for monetary easing or if a more cautious approach is warranted.
RBI MPC Meeting Details
RBI Governor Sanjay Malhotra will announce the MPC’s decisions at a press conference scheduled for 10:00 AM on Friday, December 5, 2025. Investors, economists, and industry leaders are anticipating whether the RBI will maintain its wait-and-watch approach or consider a course correction in response to moderating inflation and emerging external risks.
When and Where to Watch the RBI Governor’s Speech Live
The RBI will livestream the policy announcement across its official digital platforms, including its YouTube channel and social media accounts. In addition to Governor Malhotra’s statement, MPC members will engage with the media and address questions during the briefing. The Ministry of Finance and the Press Information Bureau (PIB) will also publish updates and share livestream links through their official websites.
Expectations for the Repo Rate Cut
Experts are divided on whether the RBI will cut the repo rate or maintain the status quo. "As the RBI’s MPC meets, the realised inflation and the trajectory provide space for RBI to ease interest rates to improve transmission, however, the weakening rupee and strong GDP might push the same for February meeting," said Kunal Shah, Co-founder, SURE. A pause in rate cuts would provide stability but would not immediately ease pressure on borrowers, many of whom are still coping with elevated EMIs on floating-rate loans taken over the past two years.
Previous MPC Meetings
The upcoming policy meeting holds heightened significance as global economic uncertainty rises and Indian markets continue to face bouts of volatility. In the previous MPC meeting in October 2025, the RBI reinforced its stance by retaining the repo rate at 5.5 percent along with a neutral stance. The central bank also revised the FY26 GDP growth projection upward to 6.8 percent, reflecting stronger-than-expected economic performance, while lowering the inflation forecast to 2.6 percent.
Conclusion
The RBI’s MPC meeting is a crucial event that will determine the course of India’s monetary policy. With the global economy facing uncertainty and the Indian markets experiencing volatility, the RBI’s decision will have a significant impact on the country’s economic growth and inflation. As the RBI Governor announces the MPC’s decisions, investors, economists, and industry leaders will be closely watching to see whether the central bank will cut the repo rate or maintain the status quo. The decision will have far-reaching implications for the Indian economy, and it remains to be seen how the RBI will balance the need for monetary easing with the need to maintain stability in the face of external risks.
