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India Rate Setters See Outlook Improve as Middle East Risks Ease

India Rate Setters See Outlook Improve as Middle East Risks Ease
Bloomberg Markets Friday 19 June 2026, 12:57 UTC By Anup Roy 1 min read
Key Points

India Rate Setters See Outlook Improve as Middle East Risks Ease India’s rate setters chose to stay growth-supportive and hold off on any policy pivot, viewing Middle East uncertainty as a reason for caution while expecting the economic outlook to improve rapidly once tensions ease. The discussions were revealed in minutes of the Reserve Bank of India’s June 3-5 monetary policy committee meetings. The six-member panel, headed by Governor Sanjay Malhotra, had voted unanimously to keep the...

India Rate Setters See Outlook Improve as Middle East Risks Ease India’s rate setters chose to stay growth-supportive and hold off on any policy pivot, viewing Middle East uncertainty as a reason for caution while expecting the economic outlook to improve rapidly once tensions ease. The discussions were revealed in minutes of the Reserve Bank of India’s June 3-5 monetary policy committee meetings. The six-member panel, headed by Governor Sanjay Malhotra, had voted unanimously to keep the repurchase rate unchanged at 5.25% and retain a neutral stance for a third straight time.
India Rate Setters See Outlook Improve (ORG) India (LOCATION) Middle East (LOCATION) the Reserve Bank of India (ORG) Sanjay Malhotra (PERSON)
Originally published by Bloomberg Markets Read original →

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