RBI MPC Holds Repo Rate Steady at 5.25 Percent, Maintains Neutral Stance in February 2026

The Reserve Bank of India (RBI) Monetary Policy Committee (MPC) on February 6, 2026, unanimously decided to keep the repo rate unchanged at 5.25 percent, maintaining a neutral stance. This pause follows cumulative rate cuts totaling 125 basis points since February 2025. The RBI highlighted stable inflation within its tolerance band and upgraded GDP growth forecasts to 7.4 percent for FY26. Recent trade deals with the US and EU are expected to support growth and exports amid global uncertainties. The central bank emphasized proactive liquidity management to ensure effective policy transmission.