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Reserve Bank of India

INR · Official Website

Latest Statement

⚖️ Neutral

2026-06-19

The Reserve Bank of India emphasizes its commitment to maintaining price stability while supporting economic growth. The central bank remains vigilant in monitoring inflationary pressures and is prepared to adjust its monetary policy as necessary to ensure economic stability.

The RBI is focused on balancing inflation control with economic growth support.
Inflationary pressures are being closely monitored, with potential policy adjustments indicated.
The central bank aims to ensure liquidity in the financial system to support recovery.

Bank Profile

Mandate

Price stability (4% CPI ±2%), growth, financial stability

Decision Types

Repo rate, Reverse repo rate, Marginal Standing Facility, Cash Reserve Ratio (CRR), Statutory Liquidity Ratio (SLR)

Policy Instruments

Liquidity Adjustment Facility (LAF), Open market operations, Foreign exchange intervention, CRR/SLR adjustments

Target Indicators

CPI inflation (4%±2%), GDP growth, Current account deficit, Fiscal deficit

Communication Style

Detailed policy stance (accommodative/neutral/hawkish), inflation focused

Committee

Monetary Policy Committee (MPC) - 6 members (3 RBI + 3 external)

Economic Indicators

Policy Rate	5.25%
USD/INR	93.10
GDP Growth	8.3%
M2 Growth	11.3%
10Y Yield	7.02%
2y10y Spread	+0.44%

HISTORICAL TRENDS

Policy Rate

FX Rate

CPI

GDP

10Y Yield

2Y-10Y Spread

Stance

Key Commodities

Top traded commodities for India

Commodity	Price	1D	30D
Brent Crude Oil	81.62 USD/barrel	+9.8%	-17.0%
Gold	5,059.30 USD/oz	+1.7%	+13.7%

Recent Statements

Press Releases - Reserve Bank of India ⚖️ Neutral

2026-06-05

Press Releases - Reserve Bank of India ⚖️ Neutral

2026-04-22

Press Releases - Reserve Bank of India ⚖️ Neutral

2026-04-08

Press Releases - Reserve Bank of India ⚖️ Neutral

2026-02-20

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