RBI Keeps Policy Rate Unchanged for Third Straight Time in FY27RBI Keeps Policy Rate Unchanged for Third Straight Time in FY27Mumbai- In an expected move, the Reserve Bank of India on Wednesday kept key interest rates unchanged for the third time in a row this financial year as it weighed the impact of uncertain energy prices and supply disruptions caused by the ongoing West Asia crisis. Announcing the third bi-monthly monetary policy for the current fiscal, RBI Governor Sanjay Malhotra said the Monetary Policy Committee (MPC) has unanimously decided to retain short-term lending rate or repo rate at 5.25 per cent with a neutral stance. ADVERTISEMENTThe interest rate pause comes even as the Consumer Price Index (CPI) based headline retail inflation has crossed the RBI’s medium-term target of 4 per cent at 4.38 per cent in June. However, RBI marginally raised the growth forecast to 6.7 per cent while lowering inflation projection to 5 per cent for the current fiscal. It has depreciated about 7 per cent so far in 2026 and is down roughly 6 per cent since the outbreak of the Iran conflict in late February.