Tag Archives: RBI calibrated tightening stance

Demonstrating strong confidence in India’s macroeconomic fundamentals, the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) announced an upbeat 7.1 percent real GDP growth forecast for the fiscal year 2026–27 (FY27). While affirming that India remains the fastest-growing major economy globally, the central bank simultaneously tightened its official policy …

In a pivotal turn for monetary policy and consumer borrowing costs, the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) voted unanimously to raise the benchmark repo rate by 25 basis points to 5.50 percent. This decision marks the central bank’s first interest rate hike since February 2023, formally …