RBI MPC Decision Today April 8: Stay Tuned for Update on Your Home Loan, Inflation and More

The Reserve Bank of India (RBI) is set to unveil its latest monetary policy decision today, following the conclusion of the three-day meeting of its Monetary Policy Committee (MPC) held from April 6 to April 8. RBI Governor Sanjay Malhotra will announce the outcome, including the policy rate decision, at 10 a.m.

This policy review comes at a time when inflationary pressures remain elevated, largely due to rising global commodity prices and continued volatility in oil and gas markets amid geopolitical tensions such as the Iran–US conflict.

Rate Cuts Followed by a Pause

Since February 2025, the central bank has cumulatively cut the repo rate by 125 basis points to 5.25% to support economic growth. However, it has maintained a pause in the last three MPC meetings, reflecting a more cautious stance as macroeconomic conditions continue to evolve.

Market participants broadly expect the RBI to keep rates unchanged in this meeting as well, while carefully assessing inflation dynamics and global risks before making any further moves. Alongside the rate decision, the RBI’s commentary on inflation outlook, liquidity conditions, and growth prospects will be crucial in shaping market sentiment.

Also Read: RBI Cancels Licence of The Shirpur Merchants’ Co-operative Bank Ltd

Growth Outlook Remains Resilient

In its earlier projections, the RBI indicated that economic activity is likely to remain resilient in FY27. It revised its GDP growth forecasts upward—raising Q1 FY27 growth to 6.9% (from 6.7%) and Q2 FY27 growth to 7.0% (from 6.8%). At the same time, inflation estimates were also nudged higher, with projections for Q1 FY27 at 4.0% and Q2 FY27 at 4.2%.

Investors and analysts will be closely watching the updated growth and inflation projections, as these will provide key signals on the RBI’s forward guidance and future policy trajectory.

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