The RBI held the repo rate at 5.25% while launching a major push to attract foreign capital. Governor Sanjay Malhotra addressed inflation and growth concerns.
RBI Governor Sanjay Malhotra announces new NRI deposit measures to boost the rupee as the central bank maintains its 4% inflation target and eyes crypto policy.
RBI Governor Sanjay Malhotra outlines new NRI deposit measures and inflation targets as the central bank aims to stabilize the rupee and support economic growth.
RBI Governor Sanjay Malhotra warns that a weak monsoon and global supply chain issues may impact rural demand and private consumption, as FY27 GDP growth is lowered.
The RBI MPC has held the repo rate at 5.25% for FY27. Read how the latest GDP outlook reveals India's economic resilience amid global uncertainty and inflation.
As the RBI MPC meeting progresses, Sanjay Malhotra flags risks to inflation. A below-normal monsoon could drive up food prices, complicating the economic outlook.
The RBI has raised its FY27 inflation forecast to 5.1% due to the West Asia war and rising oil prices. The MPC maintains a neutral stance amid economic uncertainty.
Follow live updates on the RBI monetary policy meeting today. Governor Sanjay Malhotra announces the repo rate decision as the MPC tackles inflation and growth.