The Reserve Bank of India is set to deliver a less aggressive rate hike and switch to a 'neutral' policy stance this week as the central bank weigh the effect of an apparent easing in inflationary pressures on an economy struggling to gain momentum. The six-member Monetary Policy Committee, led by RBI Governor Shaktikanta Das, is widely expected to raise the repo rate by at least 35 basis points from the current 5.90 percent. This would mark the fifth consecutive rate hike.
Governor Das is set to release the Monetary Policy statement at 10:00 AM Indian time on December 7. (11.30 PM ET on December 6). The Reserve Bank has raised rates by a cumulative 190 basis points since May to combat high inflation and to counter the spillover effects from the policy normalization in advanced economies.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.