RBI | DD News

October 9, 2026 3:06 PM

RBI Signals Calibrated Tightening as World Bank Lifts India’s Growth Outlook to 7.1%

Inside This Week's Economic Brief This week's Economic Brief covers RBI's calibrated tightening stance, the World Bank's upgraded 7.1% FY27 growth forecast, India's FTA utilization push, rare earth magnet manufacturing, and Aramco's warning on thin global oil inventories. This week's edition of The Economic Brief on DD India examined five major stories: RBI Governor Sanjay Malhotra's clarification on monetary policy stance, the World Bank's upgraded growth outlook for India, a renewed push to ...

October 7, 2026 11:24 AM

RBI raises FY27 GDP growth projection by 40 bps to 7.1%

Reserve Bank of India Governor Sanjay Malhotra on Wednesday raised the central bank's real GDP growth projection for the current financial year 2026-27 by 40 basis points to 7.1 per cent, citing the resilience of domestic economic activity despite global headwinds. Announcing the outcome of the RBI Monetary Policy Committee meeting, Malhotra said geopolitical tensions, elevated international commodity prices, additional frictions in global trade and tightening global financial conditions co...

October 7, 2026 10:43 AM

RBI raises repo rate by 25 basis points to 5.50%, begins rate-hike cycle

The Reserve Bank of India has raised the policy repo rate by 25 basis points to 5.50 per cent, beginning a rate-hike cycle amid rising inflation risks, elevated global yields and resilient domestic economic activity. The decision was taken by the Monetary Policy Committee (MPC) at its latest policy review. The move marks a shift from the RBI's August policy, when it kept the repo rate unchanged at 5.25 per cent and retained a neutral stance while seeking greater clarity on the inflation out...

October 7, 2026 10:26 AM

RBI set to announce repo rate decision amid geopolitical tensions

The Reserve Bank of India’s Monetary Policy Committee (MPC), led by Governor Sanjay Malhotra, is set to announce its bi-monthly interest rate decision on Wednesday amid challenging conditions, including rising inflation and crude oil prices above USD 100 a barrel, driven by tensions in the Middle East. The six-member committee will conclude its three-day review against the backdrop of rising domestic inflation and shifting global macroeconomic conditions. Economists expect the RBI to...

October 5, 2026 10:09 AM

3-day RBI MPC meet begins as balance of risks tilt towards rate hike

The Reserve Bank of India (RBI) began its three-day Monetary Policy Committee (MPC) meeting on Monday, with policy decision due on Wednesday, amid rising inflation, crude oil prices above $100 a barrel and rupee weakness. The RBI's Monetary Policy Committee (MPC) is meeting from October 5-7, to decide on the benchmark repo rate. Markets are closely watching whether the Central Bank will raise the repo rate for the first time since February 2023. The RBI has kept the repo rate unchang...

September 23, 2026 4:56 PM

Fitch raises India’s FY’27 GDP growth projections to 6.9 pc

Fitch Ratings on Wednesday raised India’s GDP growth forecast for the current fiscal year to 6.9 per cent, from 6.4 per cent, citing strong economic growth in the June quarter and overall economic resilience. According to Fitch, India’s economic momentum is likely to moderate over the remaining fiscal year, prompting the Reserve Bank of India (RBI) to increase interest rates by 0.25 per cent in its October monetary policy meeting. A growth rate of 7.8 per cent in the June quarter indicates...

September 23, 2026 3:02 PM

ADB raises India’s GDP growth forecast to 7pc on stronger-than-expected Q1 growth

The Asian Development Bank (ADB) on Wednesday raised its forecast for India’s economic growth in the current fiscal to 7 per cent, up from 6.6 per cent projected in July, citing stronger-than-expected economic performance in the first quarter despite supply-side disruptions caused by the West Asia crisis. In its Asian Development Outlook (ADO) September 2026, the multilateral lender said, “The revision reflects India’s stronger-than-expected economic performance, with GDP expanding by 7.8...

September 21, 2026 10:03 PM

RBI sells Rs 25,000 crore government securities through OMO to manage liquidity

The Reserve Bank of India (RBI) on Monday sold Rs 25,000 crore worth of government securities through an Open Market Operation (OMO) auction as the central bank continued its liquidity management operations amid large foreign currency inflows, including those through Foreign Currency Non-Resident (Bank) deposits. The auction attracted bids worth Rs 84,982 crore, more than three times the notified amount of Rs 25,000 crore. The RBI accepted the entire notified amount. According to the RBI's auc...

September 21, 2026 7:41 PM

RBI issues final directions on minimum capital requirements for market risk

Commercial banks will have until April 1, 2027, to implement the Reserve Bank of India's revised framework for minimum capital requirements for market risk, as the central bank issued its final directions on Monday. The Reserve Bank of India (Commercial Banks - Minimum Capital Requirements for Market Risk) Directions, 2026 seek to align India's regulatory framework with the revised Basel III standards while providing banks with flexibility and simplicity in implementation. The final directions...

September 16, 2026 12:49 AM

MDR Framework to Support Long-Term Sustainability of UPI Ecosystem: RBI

The Reserve Bank of India (RBI) on Tuesday said the introduction of a Merchant Discount Rate (MDR) on large-value UPI transactions is an important step towards strengthening the long-term sustainability of India's digital payments ecosystem. In a statement, the central bank said an appropriate distribution of MDR among participants in the payments ecosystem will support continued investment in technology, infrastructure and acceptance networks. The RBI said this would help expand UPI acceptanc...