RBI MPC Meeting 2026 Highlights: Repo rate unchanged at 5.25%, says RBI governor Sanjay Malhotra; inflation seen at 2.1% in FY 2025-26

RBI MPC Meeting 2026 Highlights: The Reserve Bank of India (RBI’s) Monetary Policy Committee (MPC) held its first monetary policy review of the calendar year 2026. RBI governor Sanjay Malhotra kept the key policy rate - repo rate - unchanged at 5.25%. In this monetary policy easing cycle, the central bank has cut the repo rate by a cumulative 125 basis points or 1.25%, making loan EMIs cheaper. Consumer Price Index (CPI) inflation has been benign, hitting its lowest level in this data series in October 2025. GDP growth has also beaten all expectations so far this fiscal year, and India is set to grow at over 7%, retaining its tag of being the world’s fastest growing major economy. RBI’s policy statement will be watched for inflation and GDP growth forecast. Track TOI’s live coverage on the RBI MPC meet to know the latest from the policy statement: