RBI Monetary Policy, Oct. 1 -- The Reserve Bank of India (RBI) kept the repo rate unchanged at 5.5 per cent for the second consecutive meeting, maintaining a neutral policy stance. After cutting rates by 50 basis points in June, the central bank opted to pause in both the August and October policy reviews. Alongside the decision, the RBI revised India's FY26 GDP growth forecast upward to 6.8 per cent from 6.5 per cent, while projecting inflation at 2.6 per cent, down from 3.1 per cent.
Experts interpret the hold as a cautious but deliberate move, signaling the RBI is keeping its options open for future easing. Pallav Bagaria, Director at Sapient Finserv, said, "Sometimes being defensive is the most aggressive call. With so much happening...
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