RBI MPC April Meeting 2026 Live Updates: We are not anticipating a dent to remittances, said RBI Deputy Governor Poonam Gupta.

RBI MPC April Meeting 2026 Live Updates: To soon come up with a new framework for categorisation of NBFCs into upper and middle, said RBI Governor Sanjay Malhotra.

RBI MPC April Meeting 2026 Live Updates: At the Post Monetary Policy Press Conference, RBI Governor Sanjay Malhotra, on being asked about structural change in policy, said, "This has been a request which has been there from the market participants and so, we thought that this was the right time to do it. Because we did the five-yearly review. So we thought that this is the time if we have to do something about it and give our projections on core. That's why these numbers have been given. Monetary policy is not a pre-set course of action. As I have stated earlier also that a mentioned that headline is our target. We have to ensure, that it's headline, that remains at target and within the band. That's the goal, that's the primary goal for us. But at the same time, the various components of inflation, and where they are emanating from, are also very important. So that has been the consistent policy of the Monetary Policy Committee, and of the RBI."

RBI MPC April Meeting 2026 Live Updates: Indian bond yields eased around 0.12% on Wednesday, April 8, following the conditional two-week ceasefire between the US and Iran, while the Reserve Bank of India (RBI) kept policy rates unchanged.

The yield on the 10-year benchmark bond, 6.48% GS 2035, eased to 6.92% during the morning trade, from 7.04%, according to the Clearing Corporation of India.

RBI MPC April Meeting 2026 Live Updates: During his address, RBI Governor Sanjay Malhotra said that India's merchandise exports contracted by 0.2% during the first two months of 2026 on a year-on-year basis.

"This was a result of export contraction in key markets," he said.

RBI MPC April Meeting 2026 Live Updates: RBI Governor Sanjay Malhotra said that India's forex reserve stands healthy at USD 696.1 billion as on April 3.

RBI MPC April Meeting 2026 Live Updates: NBFCs' fundamentals are robust with strong capital adequacy, liquidity and improved gross NPAs, said RBI Governor Sanjay Malhotra

"We shall remain vigilant of evolving situation and put in place policies that prioritise best interest of the economy," he said.

RBI MPC April Meeting 2026 Live Updates: Reserve Bank of India Governor Sanjay Malhotra said, "Government has taken several measures targeted at supporting exports and protecting supply chains."

RBI MPC April Meeting 2026 Live Updates: On falling Indian Rupee, RBI Governor Sanjay Malhotra said that the currency has in the last financial year depreciated more than the average in the previous years.

"In this regard, let me reiterate. I've said it many times. Our exchange rate policy remains unchanged specifically. Intervention in the foreign exchange market is aimed at smoothing excessive, and disruptive volatility, without targeting any specific level band of price for the exchange rate. This is consistent with our long standing policy of exchange rates being market determined. And we in the RBI stand committed to this policy and would judiciously continue to contain excessive or disruptive volatility to ensure that self-fulfilling expectations do not exacerbate currency movements beyond what is warranted by fundamentals," he added.

RBI MPC April Meeting 2026 Live Updates: FY27 CPI projected at 4.6%

RBI MPC April Meeting 2026 Live Updates: CPI inflation projected at 4.6% for current fiscal year, said RBI Governor Sanjay Malhotra.

RBI MPC April Meeting 2026 Live Updates: RBI Governor Sanjay Malhotra said, "At a time when the global economy is facing unprecedented challenges from heightened geopolitical tensions, the conflict in West Asia, for which a temporary ceasefire was announced today, and the disruption in global supply chains. Before the outbreak of the West Asia conflict, India's macroeconomic fundamentals exuded confidence with buoyant growth and low inflation. Conditions, however, turned adverse in March with the widening of the conflict zone and its intensification. The fundamentals of the Indian economy are on a stronger footing at the current juncture than it was in previous crisis episodes, as well as relative to many other economies, providing it with greater resilience to withstand shocks."

RBI MPC April Meeting 2026 Live Updates: For the financial year 2026-27, the rea GDP growth is seen at 6.9%.

• Q1: 6.8%
• Q2: 6.7%
• Q3: 7%
• Q4: 7.2%

RBI MPC April Meeting 2026 Live Updates: RBI Governor Sanjay Malhotra said that the real GDP growth projection for the financial year 2025-26 has been increased to 7.6% from 7.4%.

RBI MPC April Meeting 2026 Live Updates: RBI Goveror Sanjay Malhota said that the headline inflation remains contained and below central bank's target of 4%.

RBI MPC April Meeting 2026 Live Updates: Addressing media, RBI Governor Sanjay Malhotra said that heightened uncertainty, precipitated by ongoing conflict, is weighing on the economic outlook.

"Global economy facing unprecedented challenges," he said.

RBI MPC April Meeting 2026 Live Updates: MSF and bank rate at 5.50% and SDF remains at 5%, Sanjay Malhotra, Governor of Reserve Bank of India, said.

RBI MPC April Meeting 2026 Live Updates: RBI Governor Sanjay Malhotra addresses the media from the Reserve Bank of India (RBI) Headquarters in Mumbai on decisions taken during the three-day Monetary Policy Committee (MPC) meeting.

RBI MPC April Meeting 2026 Live Updates: The central bank has so far reduced the repo rate by 1.25% since last February, as the cooling of inflation has given it the space to work towards further boosting growth. However, the RBI kept the rate unchanged in the August, October and February 2026 monetary policies.

RBI MPC April Meeting 2026 Live Updates: Dipti Deshpande, principal economist, Crisil, said under the base case expectation that inflation stays close to the MPC's target, the monetary policy may look through this supply shock and will keep rates on hold.

RBI MPC April Meeting 2026 Live Updates: SBI's chief economist Soumya Kanti Ghosh said while announcing the pause, the RBI will be careful in communicating its decision.

"India is not unscathed from the current crisis and is feeling the mercury rising. Rupee is already hovering above 93 per dollar, and crude oil is adamant above USD 100 per barrel, resulting in a jump in imported inflation across states," Ghosh said, adding that the projected "super El Nino" will also put pressure on inflation.

RBI MPC April Meeting 2026 Live Updates: "Given the uncertainty around crude oil prices and geopolitical developments, the RBI is likely to remain on pause in the April policy and closely monitor incoming inflation data before taking any further action," said Aditi Nayar, Chief Economist at ICRA.

RBI MPC April Meeting 2026 Live Updates: The Reserve Bank of India has kept key repo rate at 5.25%.

The RBI reduced the repo rate by 125 basis points in four tranches, beginning in February 2025.

RBI MPC April Meeting 2026 Live Updates: RBI Governor Sanjay Malhotra-led Monetary Policy Committee (MPC) is expected to maintain the status quo on key interest rates when it declares its bi-monthly monetary policy decision on Wednesday, April 8.

RBI MPC April Meeting 2026 Live Updates: Reserve Bank of India (RBI) Governor Sanjay Malhotra will declare the monetary policy statement on Wednesday, April 8, at 10 am.

RBI MPC April Meeting 2026 Live Updates: Sanjay Malhotra, Governor of the Reserve Bank of India, will announce the bi-monthly monetary policy on Wednesday, April 8, 2026.