Econvitals IndiaMPC decision
Policy repo rate set at each MPC meeting. Monthly, per cent. Latest: 5.50 (Oct 2026).
Level
per cent
About this series
| Series id | mpc_repo_decision |
| Source | RBI: Minutes of the Monetary Policy Committee Meeting |
| Coverage | Oct 2016 to Oct 2026 (62 observations) |
| Release | Minutes published about two weeks after the meeting |
| Updated by | Daily automated pipeline · pipelines/sources/rbi/mpc_decisions.py |
| Licence | Terms not yet reviewed; not offered for download |
| Notes | Rate after the decision, from the resolution in each set of minutes; period is the month in which the meeting ended. The note gives the meeting dates and the stance, read from the minutes (when the minutes do not restate the stance, the previous meeting's stance is carried forward). |
| Checked against the official release | Not yet. Values come straight from the publisher, but no one has yet compared them with the press release. |
Download and cite
Not available for download (see licence).
Cite: Econvitals India (2026). Policy repo rate set at each MPC meeting [mpc_repo_decision]. Retrieved 30 Oct 2026. Original source: RBI.
Latest observations
| Period | Value | Note |
|---|---|---|
| Oct 2026 | 5.50 | October 5 to 7, 2026; stance: calibrated tightening; votes: 6-0 |
| Aug 2026 | 5.25 | August 3 to 5, 2026; stance: neutral; votes: 6-0 |
| Jun 2026 | 5.25 | June 3 to 5, 2026; stance: neutral; votes: 6-0 |
| Apr 2026 | 5.25 | April 6 to 8, 2026; stance: neutral; votes: 6-0 |
| Feb 2026 | 5.25 | February 4 to 6, 2026; stance: neutral; votes: 6-0 |
| Dec 2025 | 5.25 | December 3 to 5, 2025; stance: neutral; votes: 6-0 |
| Oct 2025 | 5.50 | September 29, 30 and October 1, 2025; stance: neutral; votes: 6-0 |
| Aug 2025 | 5.50 | August 4 to 6, 2025; stance: neutral; votes: 6-0 |
| Jun 2025 | 5.50 | June 4 to 6, 2025; stance: neutral; size: 1 member voted for 25 bp; votes: 6-0 |
| Apr 2025 | 6.00 | April 7 to 9, 2025; stance: accommodative; votes: 6-0 |
| Feb 2025 | 6.25 | February 5 to 7, 2025; stance: neutral; votes: 6-0 |
| Dec 2024 | 6.50 | December 4 to 6, 2024; stance: neutral; votes: 4-2 |
| Oct 2024 | 6.50 | October 7 to 9, 2024; stance: neutral; votes: 5-1 |
| Aug 2024 | 6.50 | August 6 to 8, 2024; stance: withdrawal of accommodation; votes: 4-2 |
| Jun 2024 | 6.50 | June 5 to 7, 2024; stance: withdrawal of accommodation; votes: 4-2 |
| Apr 2024 | 6.50 | April 3 to 5, 2024; stance: withdrawal of accommodation; votes: 5-1 |
| Feb 2024 | 6.50 | February 6 to 8, 2024; stance: withdrawal of accommodation; votes: 5-1 |
| Dec 2023 | 6.50 | December 6 to 8, 2023; stance: withdrawal of accommodation; votes: 6-0 |
| Oct 2023 | 6.50 | October 4 to 6, 2023; stance: withdrawal of accommodation; votes: 6-0 |
| Aug 2023 | 6.50 | August 8 to 10, 2023; stance: withdrawal of accommodation; votes: 6-0 |
| Jun 2023 | 6.50 | June 6 to 8, 2023; stance: withdrawal of accommodation; votes: 6-0 |
| Apr 2023 | 6.50 | April 3, 5 and 6, 2023; stance: withdrawal of accommodation; votes: 6-0 |
| Feb 2023 | 6.50 | February 6-8, 2023; stance: withdrawal of accommodation; votes: 4-2 |
| Dec 2022 | 6.25 | December 5-7, 2022; stance: withdrawal of accommodation; votes: 5-1 |
Revisions
No revisions recorded since this series was added. When the publisher revises a past value, the old and new values appear here.