Mumbai, June 22 -- Reserve Bank of India (RBI) is unlikely to increase policy rate any time soon, according to Piramal Group Chief Economist, Debopam Chaudhuri.

The Reserve Bank of India (RBI) Monetary Policy Committee (MPC) is scheduled to meet from August 3 to August 5, 2026, to review key policy rates.

"I don't expect the RBI to increase the policy rate anytime soon," Chaudhuri said, citing an easing of crude oil prices and lower energy-related risks as key reasons for the central bank to maintain its current monetary policy stance.

In an interview with ANI, Chaudhuri said, "One, because the crude prices have come down, so the immediate risk of energy prices remaining high... has gone down to a great extent," adding that the central...