The Reserve Bank of India (RBI) headquarters in Mumbai.Photographer: Dhiraj Singh/BloombergJune 19, 2026 at 12:57 PM UTCIndia’s rate setters chose to stay growth-supportive and hold off on any policy pivot, viewing Middle East uncertainty as a reason for caution while expecting the economic outlook to improve rapidly once tensions ease.The discussions were revealed in minutes of the Reserve Bank of India’s June 3-5 monetary policy committee meetings. The six-member panel, headed by Governor Sanjay Malhotra, had voted unanimously to keep the repurchase rate unchanged at 5.25% and retain a neutral stance for a third straight time.
Stocks & Investing·Jun 19, 2026
India Rate Setters See Outlook Improve as Middle East Risks Ease
India’s rate setters chose to stay growth-supportive and hold off on any policy pivot, viewing Middle East uncertainty as a reason for caution while expecting the economic outlook to improve rapidly once tensions ease.
Bloomberg Markets1 min readPrimary source
The gist
1-point summary · 1 minIndia’s rate setters chose to stay growth-supportive and hold off on any policy pivot, viewing Middle East uncertainty as a reason for caution while expecting the economic outlook to improve rapidly once tensions ease.
- The six-member panel, headed by Governor Sanjay Malhotra, had voted unanimously to keep the repurchase rate unchanged at 5.25% and retain a neutral stance for a third straight time.
5.25%
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