Reserve Bank of India (RBI) keeps repo rate at 5.25% and projects FY26 GDP at 7.6%

Exam-focused facts from the 9 April 2026 current affairs briefing.

Key facts

The Reserve Bank of India (RBI) Monetary Policy Committee (MPC) unanimously voted to keep the repo rate unchanged at 5.25% and retained a neutral stance.
RBI maintained FY26 real GDP growth forecast at 7.6% and set FY27 growth at 6.9% with quarterly paths of 6.8% in Q1, 6.7% in Q2, 7% in Q3 and 7.2% in Q4.
Consumer Price Index (CPI) inflation for 2027 is projected at 4.6% average, expected at 4% in Q1, 4.4% in Q2, 5.2% in Q3 and 4.7% in Q4.
India’s foreign exchange reserves rose to $697.1 billion as of 3 April after falling to $688.058 billion on 27 March.
Under a higher crude oil price scenario, RBI models real GDP growth at 6.7% for 2026-27 and 6.4% for 2027-28.