As on June 1, 2026
Bank Rate
5.50%
Policy Repo Rate
5.25%
Fixed Reverse Repo Rate
3.35%
Marginal Standing Facility Rate
5.50%
Standing Deposit Facility Rate
5.00%
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Governor's Desk
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Gov Malhotra
Shri Sanjay Malhotra
GOVERNOR | RESERVE BANK OF INDIA
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Economic Snapshot (Source: MoSPI, India)
3.40% March 2026 +0.2%
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024682.75Jan3.21Feb3.40Mar
GOVERNOR'S STATEMENTApr 05, 2026

Monetary Policy Committee decisions and economic outlook

The MPC decided to keep the policy repo rate unchanged at 5.25%, with a continued focus on withdrawal of accommodation to ensure inflation aligns with the target.
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Governor Statement
GOVERNOR'S STATEMENTFeb 06, 2026

Bi-monthly Monetary Policy Statement — February 2026

Placeholder copy for the second statement slide. Editor refines via admin.

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Governor Statement
GOVERNOR'S STATEMENTDec 08, 2025

Annual Address by the Governor at FIBAC 2025

Placeholder copy for the third statement slide. Editor refines via admin.

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Governor Statement

Speech & Media