RBI MPC Meeting 2026 Highlights: Repo rate unchanged, India's GDP growth seen at 6.9%; RBI governor Sanjay Malhotra flags risks due to US-Iran war

RBI MPC Meeting 2026 Highlights: Reserve Bank of India (RBI) governor Sanjay Malhotra-led Monetary Policy Committee (MPC) announced that repo rate has been kept unchanged at the present 5.25%. While the RBI is in an easing cycle, fresh developments since the last policy on the global front have stoked inflationary pressures. The ongoing US-Israel-Iran war has led to crude oil prices rising to above $100 per barrel levels and a sustained increase would lead to a large import bill for India. With the rupee depreciating, RBI would then work to keep inflation within its target target range of 2-6%, with 4% as the CPI target level.Track TOI’s live coverage on today’s RBI monetary policy to understand the implications of what the RBI governor has to say about the global economic turmoil and its likely impact on India.