RBI MPC August meeting: At its policy meeting, held between August 3 and August 5, the committee maintained its 'neutral' stance
The RBI retained its neutral monetary policy stance while revising its FY27 inflation forecast to 5 per cent and raising its economic growth projection to 6.7 per cent
RBI MPC meet: At its June monetary policy review, the RBI kept the repo rate unchanged at 5.25 per cent
All eyes on whether the policy tone turns less dovish
The central bank's six-member Monetary Policy Committee, headed by Governor Sanjay Malhotra, is expected to leave the repurchase rate unchanged at 5.25%
Inflationary pressures resurfaced after averaging a modest 2 per cent in 2025-26
The rate-setting body is likely to remain in wait-and-watch mode as uncertainties continue to cloud the macroeconomic outlook
The Reserve Bank of India (RBI) is expected to keep the benchmark repo rate unchanged in its August monetary policy review on elevated inflation risks and pending the closure of the FCNR(B) deposit scheme, a poll of 10 economists and treasury heads has revealed. Most respondents anticipate that the central bank will maintain its policy stance as 'Neutral' while adopting a hawkish tone amid rising inflation risks from geopolitical tensions, elevated crude oil prices and an uneven monsoon. Economists said the central bank will remain in a "wait-and-watch" mode as it assesses the evolving inflation outlook. "As of now, trimmed core inflation remains benign and suggests a status quo is the best policy option for the time being, with caution being expressed through the policy tone," said Aditi Nayar, chief economist at ICRA. In recent media outings, Governor Sanjay Malhotra has reiterated that inflation will be the central bank's foremost priority going ahead, pointing out that progress
The central bank held two variable rate repo auctions after banking system liquidity surplus dropped below Rs 1 trillion, while the 10-year bond yield rose 3 basis points
The country's largest private-sector lender increased lending benchmarks across tenors, with the sharpest rise in the two-year MCLR despite an unchanged policy rate
RBI's commentary on inflation 'opens the door for rate hikes in the next meeting' in August, according to Pranjul Bhandari, chief India economist at HSBC Holdings Plc
The decision to hold rates was unanimous. The MPC also retained the neutral stance on policy
A rate hike does not appear to be the RBI's preferred course of action at this stage, said Nitin Bhasin, head, institutional equities, Ambit
While immediate forex inflows are not anticipated from the above measures, they are likely to arrest the recent capital outflows and foster improved market sentiment
FIIs are subjected to a 12.5 per cent LTCG on listed shares and bonds held for over 12-months, and a 20 per cent withholding tax on interest from government bonds
Keeping rates on hold, the RBI flagged concerns over fuel-led inflation, supply-chain disruptions and a weak monsoon while projecting GDP growth of 6.6 per cent for FY27
Repo rate pause keeps home loan EMIs steady as RBI balances inflation risks and growth concerns amid global uncertainty
RBI MPC June: The policy committee kept the repo rate unchanged at 5.25 per cent, and the committee maintained its 'neutral' stance
RBI MPC June meeting: In its policy meeting, which took place between June 3-5, the committee continued with the 'neutral' stance
The Reserve Bank of India held the repo rate at 5.25 per cent for a third straight review, raising its inflation forecast while warning of risks from the prolonged West Asia conflict