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The Economic Times

Global Business / The Economic Times

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RBI holds policy rates while raising growth forecast; cuts inflation projections

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 raised to 6.7 percent, anticipating economic momentum. Geopolitical uncertainty and monsoon patterns pose potential risks to the outlook. The central bank remains committed to price and financial system stability.

5 Aug 2026 12:00 pm