Mumbai: The meeting of the Financial Policy Committee (MPC) of the Reserve Bank of India will start from Monday in Mumbai. The MPC meeting will be held from April 7 to April 9 and on the last day, the MPC decisions will be announced by RBI Governor Sanjay Malhotra. The main interest rate and repo rate will be decided in this meeting.

• First fiscal policy meeting for fiscal year 2025-26

This meeting will be the first financial policy meeting for the financial year 2025-26, which will decide the outcome of the key lending rates for the central bank to be announced on Wednesday.

• Decisions regarding interest rates will be taken in these meetings

The Reserve Bank convenes a meeting of the Financial Policy Committee every two months in the year. At these meetings, interest rates are decided based on factors such as money supply, inflation conditions and other macroeconomic indicators.