RBI shuns hawkish signal, keeps rates unchanged amid war shock

The Reserve Bank of India's Monetary Policy Committee (MPC) kept the repo rate unchanged at 5.25% and maintained a neutral policy stance.

The RBI projected India's FY26 growth at 7.6% and FY27 real GDP growth at 6.9%, with global factors like the Strait of Hormuz disruptions impacting future projections.