RBI Hits the Brakes: No Rate Hikes for FY27, Inflation Steady

The Reserve Bank of India is hitting the brakes, keeping the repo rate at 5.25% for the fourth straight time! Governor Sanjay Malhotra says inflation is up to 4.4%, but it's mostly from food and fuel, so no rate hikes are on the horizon for FY27. Core inflation is behaving itself, so relax, everyone!