Monetary Policy & Banking
RBI MPC Key Takeaways 2026: Repo rate hiked to 5.50%, FY27 GDP growth forecast raised to 7.1%
What's happening now
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) unanimously raised the repo rate by 25 basis points to 5.50%, the first increase since February 2023. This decision reflects the RBI's shifting focus toward containing inflation, which is projected to rise, by adopting a 'calibrated tightening' stance.
Source: Economic TimesRead the full story →