As per Section 45ZI (1) and (2) of the 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 (MPC) will meet six times during 2019-20 as indicated below: | First Bi-monthly Monetary Policy Statement for 2019-20 | April 2 to 4, 2019 | | Second Bi-monthly Monetary Policy Statement for 2019-20 | June 3, 4 and 6, 2019 | | Third Bi-monthly Monetary Policy Statement for 2019-20 | August 5 to 7, 2019 | | Fourth Bi-monthly Monetary Policy Statement for 2019-20 | October 1, 3 and 4, 2019 | | Fifth Bi-monthly Monetary Policy Statement for 2019-20 | December 3 to 5, 2019 | | Sixth Bi-monthly Monetary Policy Statement for 2019-20 | February 4 to 6, 2020 | Jose J. Kattoor
Chief General Manager Press Release: 2018-2019/2268 | |