New Delhi, Aug. 14 -- Reserve Bank of India's (RBI) may remain flexible on policy rates in the next Monetary Policy Committee (MPC) meet as growth is expected to slow down in the coming quarters with GDP likely to be at 6.6 per cent this fiscal, according to a Crisil report.

The report highlighted an improvement in India's financial conditions in July, driven mainly by higher net FPI inflows of USD 4.2 billion--the highest since September 2024--with the equity segment recording its first net inflow in five months.

"Net FPI inflow surged to USD 4.2 billion in July vs USD 0.5 billion in June," it said adding India's equity segment posted a net inflow of USD 2.1 billion compared with the net outflow of USD 5.2 billion, reversing its five-m...