RBI bulletin maintains India’s 6.8% FY26 growth outlook as inflation cools

The Reserve Bank of India reaffirmed its forecast for 6.8% GDP growth in FY26, citing strength in manufacturing, rural consumption recovery, and easing inflation, which fell to a seven-year low in September 2025. The bulletin noted resilient liquidity and capex momentum despite global uncertainty. Policymakers emphasized balanced monetary conditions that can sustain output gains while keeping inflation near the 4% target.