RBI MPC August 2026: How to watch rate decision live

When and where to catch the RBI MPC verdict

The Reserve Bank of India's Monetary Policy Committee (MPC) is set to announce its much-awaited rate decision this week. The announcement follows a three-day meeting that began on Monday, August 3, 2026. Governor Shaktikanta Das will address the media after the decision is made public.

The live broadcast of the press conference will be available on the RBI's official YouTube channel and its website. Major Indian business news channels and financial news websites will also carry the announcement live. The address typically starts at 10:00 AM IST, though the RBI has not confirmed the exact time for this meeting.

What to expect from the August policy

Economists and market participants are divided on the likely outcome. Some expect a status quo on the repo rate, while others anticipate a cut to support growth. The MPC has kept rates unchanged in its previous two meetings, citing sticky core inflation and global uncertainties.

The central bank's commentary on inflation and growth will be closely watched. Retail inflation has shown signs of easing but remains above the RBI's medium-term target of 4 per cent. At the same time, GDP growth has been steady but not spectacular, giving the MPC room to deliberate.

Key factors influencing the decision

• Monsoon progress and its impact on food prices
• Global crude oil price movements
• Rupee stability against the US dollar
• US Federal Reserve's policy stance

Analysts say the RBI's tone will matter more than the actual rate action. A dovish tilt could signal future cuts, while a hawkish hold might dampen market sentiment.

How to follow the announcement

For those who cannot watch live, the RBI will upload the full statement and the governor's press conference transcript on its website shortly after the address. Financial news portals, including Business Standard, will provide real-time updates and expert analysis.

Investors in stocks, bonds, and currencies should brace for volatility around the announcement. The rupee and bond yields have already been trading in a narrow range in the run-up to the decision.

Officials have not yet confirmed if the MPC will release the minutes of this meeting earlier than the usual two weeks. The next scheduled policy review is in October, but the August statement will set the tone for the coming months.

All eyes will be on Governor Das's opening remarks for any hint of a shift in the central bank's stance. The decision, whatever it is, will have ripple effects across lending rates, home loans, and corporate borrowing costs.