Mumbai, Oct. 1 -- The committee maintained a neutral stance, noting that it was prudent to wait for the impact of past policy measures and for greater clarity on global developments before making further moves. The standing deposit facility (SDF) rate stays at 5.25%, while the marginal standing facility (MSF) rate and the Bank Rate remain at 5.75%.

The RBI noted that the global economy has been stronger than expected in 2025, supported by robust growth in the US and China, though elevated policy uncertainty, sticky inflation in some advanced economies, and volatile financial markets pose risks. In India, GDP expanded 7.8% in Q1 FY26 on the back of resilient consumption and investment, a revival in manufacturing, and steady services growt...