India, June 4 -- State Bank of India chairman CS Setty on Wednesday said the economic growth process will stabilise if the RBI opts for a status quo in policy rates amid inflation challenges. Speaking at the Citi 2026 India Conference, Setty said market expectations broadly point towards a pause in rates.

"Growth and inflation dynamics are more important. I think a pause will definitely help us to stabilise in terms of ensuring that smooth growth rates are achieved," he said.

A majority of 11 of the 15 respondents in a PTI poll of economists and treasury participants are expecting the RBI to continue with the status quo on rates.

Most of the respondents expect the central bank to resume policy tightening later in FY27 amid mounting inf...