RBI Holds Steady Amidst Global Unpredictability
New Delhi, India– The Get Financial Institution of India (RBI) has maintained the plan repo rate at 5 25 % adhering to the Monetary Policy Board (MPC) meeting wrapping up April 8, 2026
- Repo Rate: Unchanged at 5 25 %.
- SDR Rate: Remains at 5 %.
- MSF and Bank Rate: Held at 5 5 %.
- GDP Projection: 6 9 % for the , with quarterly forecasts ranging from 6 7 % to 7 2 %.
RBI Guv Sanjay Malhotra mentioned global uncertainties, particularly tensions in West Asia interrupting energy products, as a vital variable affecting the choice. While a short-term ceasefire supplied quick relief, the broader economic effect of rising oil costs continues to be a problem. The MPC voted all for the hold.