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Hormuz crisis casts long shadow on India growth, inflation risks rise: RBI MPC minutes

Posted on April 22, 2026
By Business News Today
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1 min read

Hormuz crisis casts long shadow on India growth, inflation risks rise: RBI MPC minutes

The Reserve Bank of India's Monetary Policy Committee highlighted that the West Asia conflict poses significant downside risks to India's growth and upside risks to inflation. Disruptions in the Strait of Hormuz are impacting global supply chains, leading to higher energy prices and weaker global growth, which complicates policy decisions.