February 8, 2026
The Reserve Bank of India kept key policy rates unchanged in its latest monetary policy review, signaling a cautious approach as inflation remains within the tolerance band. The central bank highlighted that while food prices have shown moderation, global uncertainties and crude oil fluctuations continue to pose risks. It emphasized the need to balance growth and inflation, noting that premature rate cuts could destabilize price trends. Domestic indicators such as credit growth, manufacturing activity, and consumption remain steady. The RBI reiterated its data-dependent stance, stating that future decisions will depend on inflation trajectory and global economic conditions. Market participants largely anticipated the move, and financial markets reacted with limited volatility.