The Reserve Bank of India has opted to keep interest rates steady despite retail inflation rising above its 4% target.
The Business Standard5 August 2026, 1:50 PM0 readsAMP
The Reserve Bank of India (RBI) has decided to maintain its current interest rates. This decision comes despite the Consumer Price Index (CPI)-based retail inflation climbing to 4.38% in June, surpassing the central bank's medium-term target of 4%.
