RBI to Hold Rates Amid Inflationary Pressures, Crisil Predicts

• Crisil expects RBI to maintain current policy rates through the next fiscal year, conserving policy space due to global uncertainty.
• RBI kept key policy rates unchanged, with the MPC unanimously voting to retain the repo rate at 5.25%.
• CPI inflation is projected to rise to 5% in the next fiscal year, driven by normalizing food inflation.
• RBI's support to the bond market will be crucial as government borrowings are set to increase to Rs 17.2 lakh crore.
• Regulatory easing measures include allowing banks to lend to REITs and doubling collateral-free loans for MSMEs to Rs 20 lakh.