2 outlets◆ Mixed
RBI MPC: Gov Malhotra hikes GDP growth projection to 7.1% this year
RBI moved higher.
7 Oct 2026 · Business Today Mkts, NDTV Profit
RBI MPC announcements: The Indian economy remains strong, said Governor Malhotra. Domestic economic activity exhibited resilience, said Gov Malhotra.
The analysis
RBI reported movement of 7.1%. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
This is a Rate / liquidity policy event. Rate direction moves bank margins and the discount rate applied to every long-duration asset. The commentary usually matters more than the decision, which is often already priced.
Why it matters
- With RBI involved, this carries a regulatory dimension that can outlast the immediate market reaction.