RBI Ups FY26 GDP Growth Forecast to 7.4%; Q1 & Q2 FY27 Projections Also Revised Upwards

• The Reserve Bank of India (RBI) has increased its GDP growth forecast for FY26 to 7.4% from 7.3%.
• Q1 FY27 GDP growth projection revised to 6.9% (from 6.7%) and Q2 to 7% (from 6.8%).
• Full FY27 economic growth projections will be announced in the April policy review after the new GDP series release.
• The Indian economy shows improving trajectory, supported by private consumption, fixed investment, and strong services sector contribution.
• RBI's Monetary Policy Committee (MPC) unanimously kept the repo rate unchanged at 5.25% in February 2026, maintaining a 'neutral' stance.