The RBI’s April minutes show a textbook response to a supply shock, but the Iran conflict is testing the limits of clean policy rules.
BasisPoint Groupthink
April 22, 2026 at 3:04 PM IST
linkedin.com/Poonam Gupta
BasisPoint Insight
April 6, 2026 at 9:43 AM IST
February 20, 2026 at 1:26 PM IST
Juvaida Khatun/Istock
With inflation at record lows and growth softening, most MPC members now see room for another rate cut this cycle. Yet, they prefer to wait.
October 15, 2025 at 2:32 PM IST
August MPC minutes show caution but not closure. With Ranjan wavering, the RBI keeps cuts alive while waiting on data, tariffs, and transmission.
August 20, 2025 at 2:42 PM IST
Poonam Gupta