RBI MPC Meeting 2026: Crude oil volatility remains key inflation risk

RBI MPC Meeting 2026 Crude Oil Price Impact on Inflation: The central bank warns volatile crude oil prices pose inflation risks. Geopolitical tensions cloud the near-term outlook for price stability. The central bank kept its repo rate unchanged at 5.25 percent. India's inflation projection for FY27 was lowered to five percent. The rupee faces pressure from higher oil prices and capital outflows.