2026-10-07 05:52:24 pm | Source: Standard Chartered Bank
Comments on RBI MPC announcement by PD Singh, CEO, India & South Asia, Standard Chartered Bank
Below the Comments on RBI MPC announcement by PD Singh, CEO, India & South Asia, Standard Chartered Bank
"The RBI's decision to raise the repo rate reflects its continued commitment to anchoring inflation expectations amid a more challenging global backdrop. While the move signals a clear prioritisation of price stability in the face of rising inflationary pressures, the upgrade to the FY27 growth forecast to 7.1% underscores the resilience of the Indian economy and strength of domestic demand. The banking system too remains well placed to support credit growth given the strong liquidity position.”
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