RBI raises FY27 growth forecast to 6.7%, sees inflation at 5.0%

The Reserve Bank of India (RBI) on Wednesday projected real GDP growth of 6.7% for 2026-27 and retail inflation at 5.0%, while warning that price pressures will peak at 5.9% in the December quarter before moderating. The Monetary Policy Committee (MPC) unanimously voted to keep the policy repo rate unchanged at 5.25% and retain its neutral policy stance.