As per Section 45ZI (1) and (2) of Reserve Bank of India Act, 1934, the Reserve Bank shall organize at least four meetings of the Monetary Policy Committee in a year and the meeting schedule of the Monetary Policy Committee for a year shall be published at least one week before the first meeting in that year. Accordingly, it has been decided that the Monetary Policy Committee will meet six times during 2017-18 as indicated below: First Bi-monthly Monetary Policy Statement for 2017-18 | : | April 5 and 6, 2017 | Second Bi-monthly Monetary Policy Statement for 2017-18 | : | June 6 and 7, 2017 | Third Bi-monthly Monetary Policy Statement for 2017-18 | : | August 1 and 2, 2017 | Fourth Bi-monthly Monetary Policy Statement for 2017-18 | : | October 3 and 4, 2017 | Fifth Bi-monthly Monetary Policy Statement for 2017-18 | : | December 5 and 6, 2017 | Sixth Bi-monthly Monetary Policy Statement for 2017-18 | : | February 6 and 7, 2018 | Jose J. Kattoor Chief General Manager Press Release: 2016-2017/2533 | |