Key Policy Decisions Repo rate unchanged at 5.25% (unanimous vote) SDF rate: 5.00% MSF & Bank Rate: 5.50% Policy stance retained as “Neutral” – MPC retains flexibility to respond to evolving data 🔹 Inflation & Growth Projections (FY27) CPI inflation raised sharply by 50 bps to 5.1% (from 4.6%) Core inflation projected at 4.7% Upside risks from prolonged West Asia conflict, elevated energy prices (crude at $95/barrel assumed), and monsoon uncertainties Real GDP growth moderated to 6.6% (from 6.9%) Quarterly growth estimates also revised downward across all quarters 🔹 Separate Management of Inflation & Currency Unlike many Asian central banks, RBI did not hike rates to defend the rupee Instead, it announced a series of measures to boost dollar inflows while keeping the policy rate focused on inflation 🔹 Key Dollar Inflow Measures Concessional forex swap facility for PSUs raising ECBs (available till Sep 2026) FCNR(B) deposit scheme – RBI bears full hedgi...