India’s central bank, the Reserve Bank of India (RBI), is expected to keep interest rates unchanged at 5.25% until at least mid-2027, according to a latest Reuters poll. Most economists believe the RBI will continue its neutral policy stance, supported by stable inflation and strong economic growth. Inflation has remained below the RBI’s 4% target for nearly a year, giving the central bank room to pause. However, global risks—especially rising oil prices due to geopolitical tensions—could still push inflation higher, making future rate cuts uncertain.