New Delhi, Aug. 21 -- The Reserve Bank of India (RBI) is likely to maintain a prolonged pause on policy rates through FY27, supported by resilient economic growth and easing inflation, according to SBI Research.

The report said recent RBI communication reflected greater acknowledgement of risks, with policymakers adopting a more hawkish tone. However, underlying economic data did not yet warrant an immediate rate hike.

"Growth is most likely to remain robust as shown by all leading indicators," SBI Research said, maintaining its view of a prolonged policy pause in FY27.

Inflation Outlook

Consumer Price Index (CPI) inflation stood at 4.45 percent in July, broadly in line with market expectations. Imported inflation also eased to 7.3 pe...