RBI Expected to Hold Rates Steady Amid Inflation, Middle East Uncertainty

The Reserve Bank of India (RBI) will announce its bi‑monthly policy decision on Wednesday at 10:00 AM IST (04:30 GMT). The meeting takes place against a backdrop of high uncertainty over the economic impact of the ongoing Middle East conflict.

Consensus points to no change in the repo rate, with the central bank likely to maintain its cautious stance while inflation risks remain elevated. Markets see little room for a cut or a hike given the delicate balance between price stability and growth concerns.

The decision comes at a time when global commodity prices and supply‑chain disruptions are adding to domestic price pressures, keeping the RBI on hold.