Document title: RBI Bulletin – June 2026
Issuing authority: Reserve Bank of India
Reference number: Press Release 2026-2027/514
Date: June 22, 2026
Macroeconomic Outlook
The article notes that geopolitical tensions and trade disruptions persisted despite an interim peace deal in West Asia. Against this backdrop, the Indian economy recorded a 7.8 per cent growth rate in the fourth quarter of FY2025‑26, supported primarily by private consumption and fixed investment. High‑frequency indicators for the first two months of FY2026‑27 indicate that the economy is likely to maintain its momentum into the new fiscal year. Inflation, measured by the Consumer Price Index, remained anchored even though there was a pick‑up in May, suggesting price stability amid the growth environment.
External Sector and Currency
India's external sector continued to show resilience, bolstered by continued foreign direct investment inflows and a level of foreign‑exchange reserves described as adequate to meet external obligations.
Overall, the bulletin underscores a robust growth trajectory, stable inflation, and a resilient external sector, despite ongoing global uncertainties.