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RBI held 619th Meeting of Central Board in Udaipur


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The 619th meeting of the Central Board of Directors of Reserve Bank of India (RBI) was held on 31 October 2025 in Udaipur under the Chairmanship of Shri Sanjay Malhotra, Governor. The Central Board took the Integrity Pledge in observance of the ongoing Vigilance Awareness Week 2025, and also the Rashtriya Ekta Diwas Pledge in observance of the 150th birth anniversary of Sardar Vallabhbhai Patel.

The Board assessed the emerging global and domestic economic landscape, including the evolving geopolitical and financial market developments and associated challenges. The Board reviewed the functioning of various Sub-Committees of the Central Board and assessed the activities of Deposit Insurance and Credit Guarantee Corporation and select Central Office Departments including the Consumer Education and Protection Department.

Deputy Governors Shri T. Rabi Sankar, Shri Swaminathan J., Dr. Poonam Gupta, Shri Shirish Chandra Murmu and other Directors of the Central Board – Shri Nagaraju Maddirala, Secretary, Department of Financial Services; Ms. Anuradha Thakur, Secretary, Department of Economic Affairs; Shri Satish K. Marathe, Smt. Revathy Iyer, Shri Pankaj Ramanbhai Patel and Dr. Ravindra H. Dholakia – attended the meeting.

RBI Current Policy Rates

Policy Repo Rate: 5.50%
Standing Deposit Facility Rate: 5.25%
Marginal Standing Facility Rate: 5.75%
Bank Rate: 5.75%
Fixed Reverse Repo Rate: 3.35%

Download Minutes of the Monetary Policy Committee Meeting October 2025