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RBI Holds Key Interest Rates Steady Amid Inflation Concerns in March 2026
Summary
The Reserve Bank of India (RBI) announced today it will keep the repo rate unchanged at 6.50%, signaling a cautious approach amid persistent inflation pressures. The decision, made
The Reserve Bank of India (RBI) announced today it will keep the repo rate unchanged at 6.50%, signaling a cautious approach amid persistent inflation pressures. The decision, made during the Monetary Policy Committee meeting in Mumbai, aims to balance growth with price stability, RBI Governor Shaktikanta Das said. Inflation remains above the RBI’s 4% target, at 5.7% in February, according to official data. Analysts note that the pause reflects the central bank’s wait-and-watch stance as global economic uncertainties persist. The RBI also maintained its GDP growth forecast at 6.1% for the current fiscal year, Reuters reported.
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