IND- Actual: -
- Previous: 5.25%
- Consensus: 5.25%
- Impact:
Overview
The Reserve Bank of India (RBI) maintained its key repo rate at 5.25% during its February 2026 meeting, the first monetary policy decision of the year, after cutting it by 25 bps at the December meeting, in line with forecasts, amid confidence in a softer inflation outlook and improving growth prospects. India’s annual inflation accelerated to 1.33% in December 2025 but remained below the RBI’s tolerance band of 2%–6%, while GDP grew 8.2% in the September quarter. The decision comes after the Union Budget boosted government spending and US–India trade deals raised expectations of stronger economic growth. On the economic outlook, the RBI raised its GDP growth forecast for FY2025/26 to 7.4%, up from its earlier estimate of 7.3%. GDP growth for H1 of FY27 was also revised upward, with growth projected at 6.9% in Q1 and 7.0% in Q2. Meanwhile, inflation for FY2025/26 is projected at 2.1%. The RBI also kept the SDF rate at 5.0% and the MSF rate at 5.50%.
Stats
| Actual | Previous | Highest | Lowest | Dates | Unit | Frequency | |
|---|---|---|---|---|---|---|---|
| 5.25 | 5.25 | 14.5 | 4 | 2000-2026 | percent | Daily | - |
Historical data
| Date | Time | Reference | Last | Previous | Consensus |
|---|---|---|---|---|---|
| Feb 06, 2026 | 10:00 | RBI Interest Rate Decision | 5.25% | 5.25% | 5.25% |
| Dec 05, 2025 | 10:00 | RBI Interest Rate Decision | 5.25% | 5.5% | 5.25% |
| Oct 01, 2025 | 10:00 | RBI Interest Rate Decision | 5.5% | 5.5% | 5.5% |
| Aug 06, 2025 | 10:00 | RBI Interest Rate Decision | 5.5% | 5.5% | 5.5% |
| Jun 06, 2025 | 10:00 | RBI Interest Rate Decision | 5.5% | 6% | 5.75% |
| Apr 09, 2025 | 10:00 | RBI Interest Rate Decision | 6% | 6.25% | 6% |
| Feb 07, 2025 | 10:00 | RBI Interest Rate Decision | 6.25% | 6.5% | 6.25% |
| Dec 06, 2024 | 10:00 | RBI Interest Rate Decision | 6.5% | 6.5% | 6.5% |
| Oct 09, 2024 | 10:00 | RBI Interest Rate Decision | 6.5% | 6.5% | 6.5% |
| Aug 08, 2024 | 10:00 | RBI Interest Rate Decision | 6.5% | 6.5% | 6.5% |
Major Indicators
- GDP Annual Growth Rate
- Interest Rate
- Inflation Rate
- Unemployment Rate
- Government Debt to GDP
- Current Account to GDP
- Current Account
- Manufacturing Production
- Manufacturing PMI
- Services PMI
- Exports
- Imports
- Consumer Confidence
- Foreign Direct Investment
- Balance of Trade
- Government Budget
- Business Confidence
GDP
- GDP Annual Growth Rate
- Full Year GDP Growth
- GDP from Mining
- GDP per Capita
- Gross Fixed Capital Formation
- GDP per Capita PPP
- GDP
- GDP Constant Prices
- GDP from Manufacturing
- GDP Growth Rate
- GDP from Agriculture
- GDP from Construction
- Gross National Product
- GDP from Public Administration
- GDP from Utilities
Labour
- Unemployment Rate
- Retirement Age Women
- Labor Force Participation Rate
- Minimum Wages
- Population
- Retirement Age Men
- Employment Rate
Government
- Corruption Rank
- Government Spending to GDP
- Fiscal Expenditure
- Government Debt to GDP
- Corruption Index
- Government Budget
- Government Spending
- Government Budget Value
- Government Revenues
- Military Expenditure
Prices
- Producer Price Inflation MoM
- Consumer Price Index CPI
- CPI Transportation
- Inflation Rate
- WPI Food Index YoY
- WPI Food YoY
- Producer Prices
- Import Prices
- Food Inflation
- GDP Deflator
- WPI Fuel YoY
- Export Prices
- Inflation Expectations
- CPI Housing Utilities
- WPI Manufacturing YoY
- Producer Prices Change
- Inflation Rate Mom
Money
- Loan Growth
- Central Bank Balance Sheet
- Cash Reserve Ratio
- Interest Rate
- Interbank Rate
- Reverse Repo Rate
- Money Supply M2
- Foreign Exchange Reserves
- Money Supply M3
- Money Supply M1
Trade
- Current Account to GDP
- Crude Oil Production
- Foreign Direct Investment
- Terrorism Index
- Auto Exports
- Capital Flows
- Imports
- Exports
- Balance of Trade
- Tourist Arrivals
- Weapons Sales
- Gold Reserves
- Terms of Trade
- Current Account
- Remittances
- External Debt
Business
- Manufacturing PMI
- Total Vehicle Sales
- Industrial Production Mom
- Business Confidence
- Capacity Utilization
- Manufacturing Production
- Corruption Index
- Steel Production
- Car Registrations
- Composite Leading Indicator
- Corruption Rank
- Industrial Production
- Changes in Inventories
- Composite PMI
- Deposit Growth
- Car Production
- Electricity Production
- Services PMI
- Mining Production
Housing
- Residential Property Prices
- Housing Index
- Construction Output
Taxes
- Social Security Rate
- Corporate Tax Rate
- Withholding Tax Rate
- Social Security Rate For Companies
- Personal Income Tax Rate
- Sales Tax Rate
- Social Security Rate For Employees
Consumer
- Consumer Confidence
- Bank Lending Rate
- Gasoline Prices
- Households Debt to GDP
- Disposable Personal Income
- Consumer Spending
Climate
- Precipitation
- Temperature
Health
- Coronavirus Deaths
- Hospital Beds
- Coronavirus Vaccination Rate
- Coronavirus Vaccination Total
- Coronavirus Cases