Governor Sanjay Malhotra will share the statement at 10 AM. You can watch it here:
And if you’re curious about the follow-up, the post-policy press conference is at 12 PM. You can tune in here.
Here’s a quick summary from RBI’s October MPC meet:
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Inflation fell to an 8-year low in July, then went up a little. RBI now expects 2.6% for this year.
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Growth outlook raised to 6.8%, helped by spending, investment, and GST changes.
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Rural demand is doing well with good rains and crops, and urban demand is slowly improving.
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Factories are recovering, services are steady, but global trade is still weak.
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Two members suggested shifting stance to accommodative, but the committee retained neutral.
The next MPC meeting is scheduled from December 3 to 5, 2025. Here’s the circular from RBI’s October 2025 MPC meet: RBI Circular
You can check out the full statement from RBI Governor Sanjay Malhotra here.