Debasis Mohapatra
Bengaluru, 8 April 2026
Reserve Bank of India on Wednesday kept the repo rate unchanged at 5.25% in its policy review amid geopolitical uncertainties in the world. The MPC (Monetary Policy Committee) unanimously agreed to maintain status quo in the repo rate.
The stance of RBI also remained unchanged as ‘neutral’. As the central bank held the interest rate unchanged, there was no change in the standing deposit facility (SDF) rate, which remains at 5% and the marginal standing facility (MSF) rate and the Bank Rate at 5.5%.
For FY27, the RBI projected GDP growth rate to be 6.9%, which was lower than last fiscal year. For FY26, RBI revised GDP growth rate to be 7.6% from its earlier estimate of 7.4%.
The RBI projected inflation for FY27 to be at 4.6%. Amid hike in crude oil prices, the central bank projected inflation for Q1FY27 to be 4.4%, as compared to 4% earlier.
