Downside growth risks outweigh inflation concerns, RBI likely to hold rates this fiscal: Crisil
- Posted on April 29, 2026
- By Business News Today
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- 1 min read
Downside growth risks outweigh inflation concerns, RBI likely to hold rates this fiscal: Crisil
The Reserve Bank of India's Monetary Policy Committee is expected to hold interest rates steady this fiscal year. Economic growth concerns are seen as more pressing than inflation risks. Producers face higher costs, but consumer prices are contained. The government aims to reduce its fiscal deficit. Market borrowing will increase. The current account deficit is projected to widen.
