The Reserve Bank of India reduced its FY27 growth forecast to 6.6%, citing the Middle East crisis, high crude oil prices, and Southwest monsoon disruptions as key factors.
RBI has also raised its inflation projection for FY27 from 4.6% to 5.1%
Jun 05, 2026
01:00 pm
What's the storyThe Reserve Bank of India (RBI) has revised its GDP growth forecast for the fiscal year 2026-27 (FY27) from 6.9% to 6.6%.
RBI Governor Sanjay Malhotra announced the change during the central bank's monetary policy committee meeting on Friday.
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