RBI MPC August Meeting 2026 Live Updates: Vinay Pai, MD and Head of Fixed Income, Equirus Capital, expects the upcoming monetary policy to primarily be guided by domestic inflation, liquidity conditions and economic growth rather than mirroring global monetary policy developments.

"However, if elevated global yields persist and portfolio debt inflows moderate, the RBI is likely to maintain a neutral and cautious policy stance rather than aggressively ease rates," Pai said.

RBI MPC August Meeting 2026 Live Updates: D K Srivastav, Chief Policy Advisor, EY India, said the first quarter growth is expected to be in the range of 7.1 to 7.3 per cent. At the same time, average CPI inflation during April-June remained close to the MPC’s mean target level of 4 per cent.

"...the monetary policy committee is likely to keep the repo rate unchanged at 5.25 per cent in its August 2026 monetary policy review... Going forward, RBI’s decisions regarding the policy rate will remain data-dependent given the continuing uncertainty regarding crude oil prices linked to the Middle-Eastern situation," Srivastav said.

RBI MPC August Meeting 2026 Live Updates: Dipti Deshpande, Senior Director and Principal Economist, Crisil Ltd, expects the central bank to keep policy rates unchanged during its August review meeting.

"While the MPC may acknowledge emerging inflationary risks, we believe it will prefer to wait for greater clarity on the implications of two key shocks, namely the prolonged conflict in West Asia and ongoing monsoon uncertainties, for the growth-inflation dynamic.

"Both factors pose risks to the growth and inflation outlook, presenting policymakers with an increasingly delicate trade-off," Deshpande said.

RBI MPC August Meeting 2026 Live Updates: RBI Governor Sanjay Malhotra-led Monetary Policy Committee (MPC) is likely to keep the status quo on the benchmark repo rate when it declares its bi-monthly monetary policy decision on Wednesday, August 5.

RBI MPC August Meeting 2026 Live Updates: Sanjay Malhotra, Governor of the Reserve Bank of India, will release the monetary policy statement on Wednesday, August 5, at 10 am.

RBI MPC August Meeting 2026 Live Updates: Reserve Bank of India Governor Sanjay Malhotra will announce the bi-monthly monetary policy statement on Wednesday, August 5, 2026.