RBI holds rates, warns of ‘severe disruption to global supply chains’

The RBI is taking a cautious approach as it sees GDP slowing in the fiscal year 2026/7 to 6.9% from 7.6% amid higher prices as a result of the war in the Middle East.
RBI holds rates, warns of ‘severe disruption to global supply chains’
By Andrew Tjaardstra
20 hours ago
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With the rupee facing continuous pressure, the Reserve Bank of India (RBI)’s Monetary Policy Committee (MOC) has held rates at its April meeting. The MPC voted unanimously to keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 5.25%. As a result, the standing deposit facility (SDF) rate remains at 5% and the marginal standing facility (MSF) rate and the bank rate remains at 5.5%. 

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