The RBI just raised its growth forecast. It kept its key interest rate exactly where it was.
Key Facts
The RBI’s MPC held the repo rate at 5.25% on 5 August 2026, while raising its growth forecast and lowering its inflation outlook. Risks it flagged include an uneven El Niño-affected monsoon. Full details on this decision now live in IndEco0057 — Monetary Policy and RBI Tools. That article also covers how the RBI’s other rate tools work.
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