{"id":"IND","institution":"Reserve Bank of India (RBI)","body":"Monetary Policy Committee","card_type":"rate_decision","decision":"hold","bank_rate":5.25,"bank_rate_unit":"percent","previous_bank_rate":5.25,"change_bps":0,"vote":"unanimous (individual votes not published)","dissent":"none","meeting_ended":"2026-08-05","published":"2026-08-05","next_decision":"2026-10-07","inflation":4.4,"inflation_target":null,"summary":"FREE SAMPLE, older example: previous meeting (2026-08-05). The paid card is the latest decision. Source: Reserve Bank of India, Resolution of the Monetary Policy Committee, August 3 to 5, 2026 (62nd meeting). Quoted as published: \"the MPC voted unanimously to keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 5.25 per cent. Consequently, the standing deposit facility (SDF) rate remains at 5.00 per cent and the marginal standing facility (MSF) rate and the Bank Rate remain at 5.50 per cent. The MPC also decided to continue with the neutral stance.\" previous_bank_rate equals bank_rate because the rate was kept unchanged; change_bps (0) is calculated by FilingDelta. The vote was unanimous; the resolution does not give a member count. inflation is June 2026 CPI inflation: \"CPI inflation increased to 4.4 per cent in June 2026 after remaining below the target for 16 consecutive months\". The resolution does not state a numeric inflation target. next_decision: \"The next meeting of the MPC is scheduled for October 5 to 7, 2026.\" Not investment advice.","why_it_matters":"Quoted as published (RBI, 5 August 2026): \"The MPC underscored that it will maintain a close vigil and remain resolute in its commitment to align inflation with the target.\" Source: Reserve Bank of India (RBI), https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=63287","source_url":"https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=63287","generated_at":"2026-10-24T19:58:07.194Z"}