RBI Governor Sanjay Malhotra announced that the repo rate will remain unchanged at 5.5 percent. Alongside this decision, the Reserve Bank of India has revised the country’s GDP growth forecast for the fiscal year 2026 to 6.8 percent.
The quarterly growth estimates are as follows:
– Q2: 7 percent
– Q3: 6.4 percent
– Q4: 6.2 percent
Despite challenges such as US tariffs on Indian imports, ongoing GST reforms and supportive policy measures are expected to bolster economic growth. These initiatives aim to create a more resilient economic environment, helping India sustain its growth momentum in the coming quarters.
https://www.mid-day.com/news/india-news/article/rbi-revises-indias-growth-projection-to-68-per-cent-from-65-per-cent-for-fy-26-23596667
