RBI MPC Meeting 2026, Aug. 5 -- The Reserve Bank of India (RBI), in its August policy meeting outcome on 5 August, Wednesday, revised its FY27 GDP growth forecast upward to 6.7% from 6.6% amid the Middle East crisis, reflecting confidence in the domestic growth outlook.

The RBI Governor Sanjay Malhotra-led Monetary Policy Committee (MPC) also raised its Q1 FY27 GDP growth projection to 7% from 6.6% and increased the Q2 forecast to 6.4% from 6.3%. The central bank left its Q3 projection unchanged at 6.5% and retained the Q4 estimate at 6.8%, indicating that it expects growth momentum to remain resilient through the rest of the financial year.

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Published by HT Digital Content Services with permission from MINT....