Repo Rate Cut Repo Rate reduced from 6.25% to 6%. This is the second consecutive rate cut. Lending rates of home, vehicle & personal loans could get cheaper.
Inflation Outlook India's retail inflation had eased to 3.61% in February, below the RBI's target of 4%. Although, RBI remains cautious due to potential inflationary pressures from US tariffs.
Policy Stance Changed from 'neutral' to 'accommodative' to boost economic growth amid global uncertainties. This approach aims to stimulate activity, potentially leading to job creation and better business opportunities.
Growth Forecast for FY26 – Q1 : 6.5% – Q2: 6.7% – Q3: 6.6% – Q4: 6.3%