Economy RBI MPC meeting outcome on August 6: Here's what happened so far this year and experts' expectations Updated : August 04, 2020 08:57 PM IST The RBI Monetary Policy Committee will announce its decision on the policy rate on August 6. The central bank this year has cumulatively slashed 115 basis points. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.