When will the RBI MPC announce its interest rate decision in February 2026?

The RBI MPC is scheduled to announce its interest rate decision on February 6, 2026, at 10:00 a.m. IST.

What is the expected repo rate decision from the RBI MPC meeting?

Analysts widely anticipate that the MPC will hold the policy repo rate steady at 5.25%.

What factors are influencing the RBI's upcoming monetary policy decision?

The RBI's decision is being influenced by global uncertainties, currency market volatility, and the economic impact of the Union Budget 2026 and an India-US trade deal.

Home / Business and Economy / RBI MPC Decides: Key Rate Stays Put on Feb 6

RBI MPC Decides: Key Rate Stays Put on Feb 6

5 Feb

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Summary

RBI's Monetary Policy Committee meeting concludes February 6, 2026.
Repo rate anticipated to remain steady at 5.25% by analysts.
Decision to be announced at 10:00 a.m. IST, followed by Governor's briefing.

RBI MPC Decides: Key Rate Stays Put on Feb 6

The Reserve Bank of India's Monetary Policy Committee (MPC) is set to announce its interest rate decision on February 6, 2026. The influential six-member committee, chaired by Governor Sanjay Malhotra, began its review on February 4. Market participants are keenly awaiting the announcement, scheduled for 10:00 a.m. IST, with a press conference by the Governor to follow around noon.

Analysts widely anticipate that the MPC will maintain the current policy repo rate at 5.25%. This expectation stems from a period of rate cuts throughout 2025, totaling 125 basis points, and a desire for a 'watch-and-wait' strategy. Global economic uncertainties and currency market volatility are also contributing factors to the central bank's potential caution.

The MPC's decision occurs in the wake of the Union Budget 2026 and a significant India-US trade deal. These events may influence economic growth and inflation dynamics. Observers will be monitoring not only the repo rate but also the RBI's strategies for liquidity management and its approach to balancing inflation concerns with economic growth objectives.