rbi mpc meeting

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The Reserve Bank of India maintained its repo rate at 5.25% in August 2026, anticipating inflation to peak at 5.9% and projecting 6.

In its August 2026 Monetary Policy Committee meeting, the Reserve Bank of India decided to keep the repo rate steady at 5.25%, reflecting cautious monetary stance amid ongoing global challenges including the US-Iran conflict. The RBI signaled inflationary pressures may peak at around 5.9% in the third quarter of fiscal year 2027 while forecasting India's real GDP growth at approximately 6.9% for the current fiscal.