RBI keeps repo rate at 5.5%: Central bank projects inflation at 2.6% for FY26; revises GDP growth upward to 6.8%

The Reserve Bank of India lowered its FY26 inflation forecast to 2.6% while raising India’s GDP growth to 6.8%, driven by a good monsoon and GST rationalisation. The central bank maintained the policy repo rate at 5.5% for the second consecutive review, balancing easing inflation with global tariff uncertainties that could impact future growth.

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