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of <h1>India's Economic Resilience: RBI Maintains 6.5% GDP Forecast, Cuts Policy Rate to 5.5% Amid Global Challenges</h1> The Reserve Bank of India retained its GDP growth forecast at 6.5% for fiscal year 2026, highlighting the economy's strength, stability, and opportunity amid global uncertainty. The Monetary Policy Committee cut the benchmark policy rate by 50 basis points to 5.5%. The RBI emphasized domestic growth potential, citing strong balance sheets, stability across price, financial, and political fronts, and opportunities in demography, digitalization, and domestic demand.
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