# RBI holds repo rate at 5.25%, lowers FY27 inflation forecast 2026-08-05T23:15:09+00:00 | India | Indian Opinion Desk Deccan Herald reported that the Reserve Bank of India left its policy repo rate untouched at 5.25% at Wednesday's review, alongside a standing deposit facility rate of 5% and a marginal standing facility and Bank Rate both held at 5.50%. Its rate-setting Monetary Policy Committee stuck with a neutral stance, meaning it has not ruled out either a future increase or a future cut. Alongside the rate decision, the central bank trimmed its FY27 retail inflation projection to 5% from an earlier 5.1% and nudged its growth projection up, to 6.7% from 6.6%, pointing to softer crude oil prices as one reason. It also flagged continuing risks from the monsoon, El Nino weather patterns, geopolitical tensions and shifts in global trade policy. Analysts expect the neutral stance to hold through the RBI's October review, though they are split on what comes after that. ## Indian Opinion Analysis Holding the rate while trimming the inflation forecast and lifting the growth forecast reads as the RBI weighing easing crude prices against monsoon, weather and trade risks it still lists, rather than committing to a direction. A neutral stance by design keeps both a future cut and a future increase open, which is consistent with the analyst split the coverage states for the period after October. The RBI's next scheduled review in October is where the neutral stance either holds or moves. ## Coverage - www.deccanherald.com Tags: Reserve Bank of India Canonical: https://indianopinion.org/no-change-to-key-policy-rates-rbi-lowers-inflation-projection/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/no-change-to-key-policy-rates-rbi-lowers-inflation-projection/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.