RBI Keeps Rate 5.25%, Flags Iran Risks

RBI left its benchmark repo rate unchanged at 5.25% as widely expected on 8 April 2026.
Governor Sanjay Malhotra warned that the Iran conflict could disrupt energy, shipping and insurance markets, weighing on Indian growth.
RBI projects CPI inflation rising to 4.6% in FY2027 and GDP growth to 6.9%, up from 2.6% and 6.8% in FY2026.
RBI intervened in foreign‑exchange markets late March‑early April to curb rupee losses as the currency hit record lows versus the dollar.