The Reserve Bank of India has announced the calendar of the meetings of the Monetary Policy Committee (MPC) for the current financial year. The decision of the first meet will be announced on June 5, this year.

As per the schedule announced by the RBI, the next Monetary Policy Committee meeting will take place during June 3 to 5. The MPC decision is announced on the last day of the meeting.It stated that the other meetings will take place on August 4 to 6, 2020; September 29-30 and October 1, 2020; December 2 to 4, 2020; and February 3 to 5, 2021.

The previous MPC meeting was advanced in view of the COVID-19 outbreak to March 24, 26 and 27 from originally scheduled for March 31, April 1 and 3.