RBI Releases MPC Meeting Calendar for FY27: What You Need to Know?

On Monday, March 23, 2026, the Reserve Bank of India (RBI) announced the schedule for its Monetary Policy Committee (MPC) meetings for the financial year 2026–27. The move complies with Section 45ZI of the RBI Act, 1934, which requires the central bank to publish its policy meeting calendar in advance.

The six-member rate-setting panel will meet six times during the fiscal year to assess macroeconomic conditions and take decisions on key policy tools, including interest rates and liquidity measures.

Full MPC Meeting Schedule (FY27)

• April 6–8, 2026
• June 3–5, 2026
• August 3–5, 2026
• October 5–7, 2026
• December 2–4, 2026
• February 3–5, 2027

As per the schedule, the first meeting will be held in April, followed by bi-monthly reviews throughout the year, with the final policy meeting slated for early February 2027. MPC meetings are closely watched by financial markets, as they determine the policy repo rate and signal the central bank’s stance on inflation and economic growth.

Also Read: RBI Imposes Penalty on Loknete R.D. Appa Kshirsagar Sahakari Bank

What Happened in Latest Monetary Policy Meeting?

At its 59th meeting held from February 4–6, 2026, the MPC unanimously decided to keep the policy repo rate unchanged at 5.25%, while maintaining a “neutral” stance.

Chaired by RBI Governor Sanjay Malhotra, the committee highlighted that inflation remains under control and domestic growth continues to be resilient. The decision was aimed at ensuring stability amid ongoing global uncertainties.

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