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policyRBIWednesday, 5 August 2026NEW

Monetary Policy Statement, 2026-27 Resolution of the Monetary Policy Committee August 3 to 5, 2026

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Policy framework or directive — a strategic document setting direction, principles, and objectives for governance. Guides the design of schemes, legislation, and implementation strategies.
Summary
Monetary Policy Decisions The Monetary Policy Committee (MPC) held its 62nd meeting from August 3 to 5, 2026, under the chairmanship of Shri Sanjay Malhotra, Governor, Reserve Bank of India. The MPC members Dr. Nagesh Kumar, Shri Saugata Bhattacharya, Prof. Ram Singh, Dr. Poonam Gupta and Shri Indranil Bhattacharyya attended the meeting. 2. After a detailed assessment of the evolving macroeconomic and financial developments and the outlook, the MPC voted unanimously to keep the policy repo rate
Key Facts
TypePolicy
SourceReserve Bank of India
PublishedWednesday, 5 August 2026
Affected Population~850 million internet users, 75,000+ startups
Key Numbers
Rs 15,000 crore for Digital India initiatives
UPI: 14 billion monthly transactions
850 million+ Aadhaar-linked mobiles
500 GW non-fossil fuel capacity target by 2030
Key Authorities
Ministry of Electronics & ITTRAICERT-InMinistry of PowerMinistry of New & Renewable Energy
Key Stakeholders
Internet UsersTech CompaniesStartupsPower ConsumersDISCOMsCoal Industry
Government Context
NDA IIIBJP-led NDA
Centre-Right
LeftCentreRight
Explore Sectors
Digital & Technology1215 tracked→Energy377 tracked→Finance & Economy478 tracked→
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