Some banks now anticipate fewer policy rate increases from the Reserve Bank of India. Yes Bank and State Bank of India have revised their earlier rate hike forecasts. MUFG Bank has also pushed back its expected policy rate hike timing. Other banks maintain their forecasts for cumulative rate increases this fiscal year. Inflation projections remain sensitive to future crude oil price movements.

Viewing inflation as manageable, Reserve Bank of India has kept rates unchanged this year

RBI Inflation 2026-27 Forecast: The RBI's Monetary Policy Committee cut its FY27 inflation forecast to 5% from 5.1%, citing softer global crude oil prices and easing supply-side…

The Reserve Bank of India maintained its benchmark repo rate at 5.25 percent. Inflationary expectations were lowered to 5 percent for fiscal year 2027. Growth projections were…

Mumbai: The RBI raised its growth projections and lowered inflation estimates while the monetary policy committee voted unanimously to keep the repo rate unchanged at 5.25% and…

The RBI kept the repo rate unchanged at 5.25% for the fourth straight policy review, retained its neutral stance, raised its FY27 growth forecast to 6.7%, and lowered the…