RBI expected to keep rates steady through mid-2027
Economists expect the RBI to hold rates at 5.25 percent until mid-2027. The decision comes as officials monitor oil price risks from regional conflicts.
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The Reserve Bank of India (RBI) is projected to maintain its key interest rate at 5.25% during its upcoming policy meeting on April 8, with expectations that this hold will persist until at least the middle of 2027. A recent Reuters survey of economists suggests that while domestic price pressures remain manageable, the ongoing conflict in the Middle East presents a significant risk to price stability for India, which ranks as the world's third-largest importer of oil.
