RBI Keeps FY26 GDP Growth Forecast at 6.5%

RBI MPC Meeting Live Updates: The Reserve Bank of India’s Monetary Policy Committee (MPC) kept the repo rate unchanged at 5.5% on Wednesday, pausing after three consecutive rate cuts totaling 100 basis points since February.

The decision was unanimous.

The Standard Deposit Facility (SDF) and Marginal Standing Facility (MSF) rates were also kept unchanged. The policy stance stays “neutral”, as in June, after briefly turning “accommodative” in April.

RBI Governor Sanjay Malhotra said the committee sees “very little policy room” left to support growth, while highlighting India’s strong prospects amid global shifts.

The GDP growth forecast for FY26 remains at 6.5%, with no changes across quarters.

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