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RBI's MPC kept the repo rate unchanged at 5.25% in its August 2026 review, retaining a neutral stance amid rising inflation and FY27 GDP growth projected at 6.7%.
Minutes of the Monetary Policy Committee Meeting, August 3 to 5, 2026

RBI held the repo rate at 5.25% in June 2026 and retained a neutral stance amid rising inflation risks, West Asia conflict uncertainty, and monsoon concerns.
Monetary Policy Statement, 2026-27 Resolution of the Monetary Policy Committee June 3 to 5, 2026

RBI's Monetary Policy Committee unanimously held the repo rate at 5.25% in its 60th meeting (April 6–8, 2026). Neutral stance retained. West Asia conflict poses major risk. GDP growth projected at 6.9% and CPI inflation at 4.6% for FY2026-27.
RBI Press Release 2026-2027/121 — Minutes of 60th MPC Meeting, April 6-8, 2026