The Reserve Bank of India’s Monetary Policy Committee (RBI MPC) is scheduled to announce its policy decision on December 8, following a three-day meeting that began on December 6. The announcement, led by RBI Governor Shaktikanta Das, is expected at 10 am, with a subsequent press conference at 12 pm. The MPC comprises six members, with three internal and three external members. The prevailing consensus among experts suggests that the repo rate, currently at 6.5%, is likely to remain unchanged for the fifth consecutive meeting. The central bank has maintained the repo rate since April 2023. The announcement will be streamed on the RBI’s YouTube channel and its X handle.
RBI Monetary Policy Announcement: Key Details and Expectations
![](https://affairsace-media.s3.ap-south-1.amazonaws.com/2023/12/08111434/1698902779-8176.jpg)