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RBI’s rate-setting panel is in step with other major central banks

RBI’s rate-setting panel is in step with other major central banks

RBI’s rate-setting panel is in step with other major central banks


Over the past three days, 6-8 April 2026, the Reserve Bank of India’s (RBI) six-member Monetary Policy Committee (MPC) that is responsible for setting the policy interest rate (repo) has, doubtless, burnt the proverbial midnight oil deliberating on the growth-inflation trade-off. As expected, it has concluded, like most central banks, that it is best to mark time.

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