RBI keeps rates on hold, cuts inflation estimate for FY26
Wednesday, 6 August 2025 () The Monetary Policy Committee (MPC) has decided to keep the repo rate unchanged at 5.5%, maintaining a neutral stance. While retaining the FY26 growth forecast at 6.5%, the MPC lowered the inflation projection to 3.1%. This decision considers macroeconomic conditions, the need for further transmission of rate cuts, and favorable monsoon conditions, despite lingering global trade challenges and geopolitical uncertainties.
The RBI is likely to hold steady on interest rates in October, an SBI report suggests, as August 2025 inflation is projected to rise above 2%. Despite a drop in... IndiaTimes
Wednesday, 6 August 2025 ()
