The latest monetary policy reflects confidence in India’s economic resilience despite inflationary and global challenges. RBI Governor Sanjay Malhotra reiterated the central bank’s commitment to bring inflation back to its target over the medium term while remaining data-dependent in its policy approach. He emphasised on India’s strong growth prospects, a resilient external sector and the stability of our financial system

The Reserve Bank of India has kept interest rates unchanged amid creeping inflation.

RBI Governor Shri Sanjay Malhotra said on August 5, 2026 that "growth, although resilient, is expected to be lower in this financial year" and that the "outlook, however, is hazy…