RBI MPC Today: Decision on Repo Rate, CRR, and More to Come by 10 AM

The Reserve Bank of India is set to announce its latest monetary policy decision on Friday, February 6, 2026, with financial markets largely betting on a status quo on interest rates after an extended phase of monetary easing.

The Monetary Policy Committee (MPC), chaired by RBI Governor Sanjay Malhotra, concluded its sixth and final bi-monthly meeting of FY26 on Thursday. The repo rate decision will be revealed later today, with the Governor scheduled to present the policy statement at 10:00 a.m.

This policy review comes at a crucial juncture for the economy, following the Union Budget 2026–27 and the recently concluded India–US trade agreement—two developments that have significantly influenced expectations around economic growth, liquidity conditions, and borrowing costs.

What Markets are Anticipating?

As per news reports, the six-member MPC is widely expected to keep the benchmark repo rate unchanged at 5.25%, extending the pause after cumulative rate cuts of 125 basis points since February 2025.

At its December meeting, the RBI had lowered the repo rate by 25 basis points, from 5.50% to 5.25%, while continuing with a ‘neutral’ policy stance.

With growth and inflation trends remaining broadly supportive, the central bank’s recent focus has shifted toward maintaining sufficient liquidity in the financial system. Over the past few months, the RBI has injected liquidity through Variable Rate Repo (VRR) auctions and Open Market Operations (OMOs).

RBI MPC meeting: key dates and timings

The Monetary Policy Committee met from February 4 to February 6, 2026, to assess the current monetary policy stance.

• Policy announcement:10:00 a.m., February 6
• Press conference:12:00 noon, February 6

Also Read: RBI Reports 98.42% Return Of ₹2000 Banknotes After Withdrawal Announcement 

Where to Watch the Announcement?

Investors and market participants can track the live policy announcement on the RBI’s official social media handles. The post-policy press conference will also be streamed live on the Reserve Bank of India’s YouTube channel at 12:00 noon on February 6.

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