9 May 2026

RBI keeps repo rate unchanged at 6.75%, retains stance

Banking
UPSC
Economy
RBI

Summary

RBI Monetary Policy Committee voted 4-2 to keep the repo rate unchanged at 6.75%. Inflation forecast revised to 4.4% for FY27. Growth projection at 7.2%.

Why it matters

IBPS PO Banking Awareness + UPSC Economy. Recall April hike to 6.75%. Note inflation targeting framework (CPI 4% ± 2%).