rbi mps meeting today gdp growth outlook retained at 6.5 per cent Central Bank cuts CPI inflation estimate to 3.1 per cent reserve bank of india governor sanjay malhotra

RBI MPC Meeting: GDP growth outlook retained at 6.5%; Central Bank cuts CPI inflation estimate to 3.1%

The Reserve Bank of India (RBI) Governor Sanjay Malhotra announced the policy rates today, August 6, in Mumbai. Malhotra kept the report rate unchanged at 5.50 per cent.

The Standard Deposit Facility (SDF) and Marginal Standing Facility (MSF) rates were also kept unchanged. The policy stance stays “neutral”.

GDP growth

The Central Bank said that the GDP growth forecast remains at 6.5 per cent for FY26. There will be no change across quarters.

Inflation

For FY26, the Central Bank forecasted inflation at 3.1 per cent from 3.7 per cent projected earlier.