♦ Reserve Bank of India Governor Sanjay Malhotra on 6 February 2026 announced that the Monetary Policy Committee (MPC) has unanimously decided to keep the policy repo rate unchanged at 5.25 percent while maintaining a neutral policy stance. The Governor said India’s economic activity is expected to hold up well in 2026–27. 

♦ The RBI Governor noted that despite global headwinds, India’s economy continues on a steadily improving trajectory, with real GDP growth expected to reach 7.4 percent in 2025–26, supported by private consumption and fixed investment. However, net external demand remained a drag on growth, as imports continued to outpace exports. Real Gross Value Added (GVA) growth for the year is estimated at 7.3 percent, driven largely by services and a revival in manufacturing.