RBI MPC February 2026 Meet: Policy Decision On February 6, Live Streaming Details Announced

The Reserve Bank of India will announce the outcome of the Monetary Policy Committee’s February 2026 meeting on Friday, February 6, with the policy statement scheduled to be released at 10 am, the central bank said in its official calendar.

MPC Meeting Schedule

The six-member Monetary Policy Committee is holding its final policy meeting of FY26 from February 4 to February 6, according to the RBI. The previous RBI MPC meeting was conducted between December 3 and December 5. The RBI said the policy announcement on Friday will be followed by a press conference addressed by Governor Sanjay Malhotra at 12 pm.

Where To Watch The RBI Governor’s Address

The RBI said the policy statement and the Governor’s address will be streamed live on its official website, YouTube channel, and X account. These platforms are used by the central bank for all scheduled monetary policy communications.

Recent Policy Decisions

At its December 2025 policy review, the MPC unanimously reduced the repo rate by 25 basis points to 5.25%, according to the RBI’s policy statement dated December 5. This followed a pause in the two preceding meetings. RBI data showed that prior to December, the committee had cut the repo rate by a cumulative 100 basis points across three consecutive meetings starting February 2025, lowering it from 6.5% to 5.5% by June 2025.

In December, the RBI MPC retained a neutral policy stance. The standing deposit facility rate was fixed at 5.00%, while the marginal standing facility rate and the bank rate were set at 5.50%, as per the RBI’s resolution.

Context Ahead Of February Policy

The February MPC meeting comes after the presentation of the Union Budget and the announcement of the India–U.S. trade deal. According to Reuters, the RBI has already reduced the repo rate by a total of 125 basis points since February last year. The news agency reported that the central bank is reviewing macroeconomic conditions following recent fiscal and trade-related developments.

PTI reported that economists are tracking the impact of previous rate actions on borrowing conditions and inflation trends. The agency used these views because market economists were watching RBI policy.
What the Monetary Policy Committee Does

The RBI Act says that the Monetary Policy Committee must meet every two months to set the benchmark repo rate and make predictions about inflation and economic growth. The repo rate is the interest rate that the RBI charges commercial banks when they borrow money. Changes in this rate affect the rates that banks charge for loans and deposits.

The Reserve Bank of India's policy decision on February 6 will determine the central bank's monetary policy for the remaining period of FY26 and its take on the current situation of the economy.