RBI expected to maintain steady rates amidst inflation in FY27
after close1 source ↓written by the desknot a recommendation
The Reserve Bank of India (RBI) is projected to keep policy rates unchanged in FY27 as CPI inflation is expected to rise. Crisil Ratings forecasts GDP growth at 6.7% for the fiscal year, supported by capital expenditure and private investment revival. Lower crude oil prices and GST cuts are likely to keep non-food inflation subdued.
This stability in rates may bolster market confidence, especially with improved prospects for the rupee and increased foreign portfolio inflows.
Not investment advice. For informational purposes only.