RBI MPC August Meeting 2026 Live Updates: RBI Governor Sanjay Malhotra, in a press conference, informed press about robust inflows from FCNR(B) scheme. He said there is no proposal to close it prematurely.

RBI MPC August Meeting 2026 Live Updates: Anuj Puri, Chairman of ANAROCK Group, called the MPC decision to maintain status quo on repo rate a welcome signal of stability amid the ongoing macroeconomic uncertainty. However, it is not enough to reignite the mass-market housing cycle.

"ANAROCK’s Q2 2026 data shows that total sales in the top seven cities fell 6% year-on-year to about 90,715 units, while affordable housing supply has fallen to just 6% of total launches even as overall new supply increased 7% year-on-year to about 1.06 lakh units," he said.

"This mismatch is the main area of concern. Affordable housing demand remains very rate-sensitive, and with average residential prices still growing at 7% annually across the top cities, rate steadiness alone will do little to improve affordability. The market is obviously moving to a more balanced position overall - but this balance comes from the high-end luxury housing segment, not from the part of the market that drives broad-based homeownership," he added.

RBI MPC August Meeting 2026 Live Updates: RBI Governor Sanjay Malhotra said average liquidity in banking system remained above ₹1 lakh crore since June.

"Credit growth remains robust, broad-based; central bank will ensure sufficient liquidity in system," he added.

• Q1: 7%
• Q2: 6.4%
• Q3: 6.5%
• Q4: 6.8%

• Q1: 5.3%
• Q2: 4.7%
• Q3: 5.9%
• Q4: 5.5%

RBI MPC August Meeting 2026 Live Updates: RBI Governor Sanjay Malhotra, in the Monetary Policy Statement, said, "The MPC noted that headline inflation has edged up above the target, as expected. The realised inflation for the first quarter, however, was marginally lower than projections, reflecting limited pass-through of cost pressures. The higher inflation is largely on account of food and fuel prices, with little sign of generalisation of price pressures so far. Core inflation, excluding precious metals, continues to remain benign."

"As projected earlier, headline inflation is expected to rise further in the near term and is likely to peak in the third quarter of this year, primarily due to food and fuel prices, before moderating thereafter. The underlying inflation, reflected in core inflation excluding precious metals, which has remained benign for some time, is expected to align with overall core inflation towards the end of the financial year," he added.

RBI MPC August Meeting 2026 Live Updates: Sanjay Malhotra, Governor of the Reserve Bank of India (RBI), said India remains the fastest growing large economy in the world.

"Headline inflation to rise in near term fuelled by higher oil, food prices; to peak in Q3 before starting to decline," he added.

RBI MPC August Meeting 2026 Live Updates: RBI Governor Sanjay Malhotra said the Indian economy has performed better than expected in April-June quarter of this fiscal, says RBI Governor Malhotra.

RBI MPC August Meeting 2026 Live Updates: "Growth, albeit resilient, is expected to be lower in this financial year," RBI Governor Sanjay Malhotra said, adding, "The (inflation) outlook, however, is hazy because of the uncertainties regarding Southwest Monsoon, El Nino, geopolitics, and global trade policy."

"There is a need for greater clarity to emerge, especially regarding inflation, its path, and composition, before taking any policy action,” he added.

RBI MPC August Meeting 2026 Live Updates: Reserve Bank of India Governor Sanjay Malhotra said that the economic growth continues to be supported by resilient demand.

RBI MPC August Meeting 2026 Live Updates: Noting that the global economic environment has become increasingly unstable, RBI Governor Sanjay Malhotra said that global growth is projected to soften, while the inflation forecast is higher for 2026.

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

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.