
RBI maintains status quo, sees FY27 growth at 6.9% with downside risks
Projects inflation to rise to 4.6% in FY27 from 2.1% in FY26, GDP growth to slow to 6.9% from 7.6%
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Projects inflation to rise to 4.6% in FY27 from 2.1% in FY26, GDP growth to slow to 6.9% from 7.6%
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RBI report calls for close monitoring of West Asia conflict and proactive steps to limit spillovers, citing India's oil dependence and rising global volatility
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RBI MPC members signalled support for growth as minutes from the February meeting showed confidence in a benign inflation outlook, with most seeing room to sustain an accommodative policy bias
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Draft norms seek to curb mis-selling by barring incentives from third parties, mandating refunds and compensation, and prohibiting use of dark patterns
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RBI Governor Sanjay Malhotra said penalties and restrictions are a last resort, stressing collaboration with banks to curb digital fraud and strengthen customer protection
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