# India's next interest rate call lands Wednesday at 10 AM, and here is where to watch Sanjay Malhotra live > The Reserve Bank's Monetary Policy Committee delivers its rate decision on Wednesday, August 5 at 10 AM IST, with Governor Sanjay Malhotra widely expected to hold the repo rate at 5.25%. Here is when it happens, who decides, and where to watch it live. **Type:** article · **Category:** Business · **Published:** 2026-08-04 · **Source:** TrendKia **Canonical:** https://trendkia.com/en/business/budhavara-subaha-10-baje-aega-rbi-ka-byaja-dara-para-bara-phaisala-janen-kahan-laiva-dekha-sakate-hain-gavarnara-sanjay-malhotra-k-13667 · **Language:** English **Tags:** RBI MPC, Repo Rate, Sanjay Malhotra, Monetary Policy, RBI interest rate, Inflation The Reserve Bank of India is about to spell out the direction of interest rates for one of the world's biggest economies, and the announcement is now just a day away. The central bank's rate setting panel, the Monetary Policy Committee, opened a three day meeting on Monday, August 3, and its verdict will be delivered to the public on Wednesday, August 5. For millions of home, car and business borrowers, the repo rate decides how expensive their loans are, which is exactly why every one of these meetings is watched so closely. ## When the announcement will happen Governor Sanjay Malhotra will read out the outcome of the meeting on Wednesday, August 5, at 10:00 AM IST. Once he finishes the policy statement, the Governor and the full six member committee will face the media in a press conference. There they will walk through the reasoning behind the decision and lay out their thinking on inflation, economic growth, liquidity in the banking system, and the road ahead for policy. ## Where you can watch it live Anyone who wants to follow the statement and the press conference as they happen has several official options. The proceedings will be streamed on the Reserve Bank's own website, on its official YouTube channel, and across its official social media handles. No cable connection or paid subscription is needed to tune in. ## The six members who take the call The Monetary Policy Committee is a six member body, and Governor Sanjay Malhotra chairs it. Alongside him sit Deputy Governor Dr. Poonam Gupta and RBI Executive Director Indranil Bhattacharyya. The remaining three are external experts named by the Central Government: Prof. Ram Singh, economist Saugata Bhattacharya, and Dr. Nagesh Kumar. Together the group votes on where the benchmark rate should stand. ## What most economists are predicting The strong expectation is that the committee will leave the repo rate untouched at 5.25%. A repo rate is the rate at which the central bank lends to commercial banks, and it works as the anchor for almost every loan in the country, so even a decision to do nothing carries weight for households and businesses alike. Retail inflation is presently sitting inside the central bank's comfort band, which removes any urgent pressure to act. Even so, the bank is likely to stay guarded. A pile of external risks, global uncertainty, geopolitical friction, climbing crude oil prices, and a rupee under strain, gives policymakers plenty of reason to hold their nerve rather than shift course. ## A look back at the June meeting The last round of policy, held from June 3 to June 5, ended with no movement on the repo rate, which stayed at 5.25%. The committee also kept its stance labelled as 'neutral', signalling it was ready to move either way depending on how the data unfolds. In that same review, the standing deposit facility (SDF) rate was retained at 5%, while both the marginal standing facility (MSF) rate and the bank rate were held at 5.5%. If Wednesday's decision follows the script the market is betting on, this steady picture will simply carry into the new cycle. ## What this means for you **What Wednesday's call means for you:** - **For borrowers:** If the repo rate stays at 5.25%, your home, car and personal loan EMIs are unlikely to change in the near term. - **For savers:** Fixed deposit and savings rates are also likely to hold steady, so there is no immediate rush to lock in a new deposit. - **For the rupee and prices:** A cautious, steady policy signals the bank is still watching inflation and crude oil, which feeds into everyday costs. ## Questions & Answers ### 1. When will the RBI announce its policy decision? On Wednesday, August 5, at 10:00 AM IST. ### 2. Who will announce the decision? RBI Governor Sanjay Malhotra, who chairs the Monetary Policy Committee. ### 3. Where can I watch it live? On the RBI's official website, its official YouTube channel and its official social media handles. ### 4. What are economists expecting? Most expect the repo rate to stay unchanged at 5.25%. ### 5. Who are the members of the MPC? Governor Sanjay Malhotra, Deputy Governor Dr. Poonam Gupta, Executive Director Indranil Bhattacharyya, and external members Prof. Ram Singh, Saugata Bhattacharya and Dr. Nagesh Kumar. ### 6. What happened at the June meeting? The RBI kept the repo rate unchanged at 5.25% and maintained a 'neutral' stance. ### 7. Why might the RBI stay cautious? Because of global uncertainties, geopolitical tensions, rising crude oil prices and pressure on the rupee. --- _TrendKia — Har trend, sabse pehle.. Machine-readable view; canonical HTML at the URL above._