RBI holds repo rate at 5.25%; FY27 GDP growth forecast revised to 7.1%
The Monetary Policy Committee kept the policy repo rate unchanged while raising its FY27 growth projection.
Economic Times · Tue, 16 June 2026
Read more →Briefing · Tue, 16 June 2026
Your morning briefing on Indian banking: policy rates steady, PSU bank profits climbing, and tighter norms on unsecured retail lending.
Tue, 16 June 2026
The Monetary Policy Committee kept the policy repo rate unchanged while raising its FY27 growth projection.
Public sector lenders posted a strong quarter on lower provisions and steady net interest margins.
Higher risk weights on unsecured consumer credit will raise capital requirements for banks and NBFCs.