RBI Governor: Revised CPI, GDP Bases to Inform April Policy Projections

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RBI to Factor Revised CPI, GDP Base in April Policy Projections: Governor

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News18•23-02-2026, 14:15

RBI to Factor Revised CPI, GDP Base in April Policy Projections: Governor

•RBI Governor Sanjay Malhotra stated that the revision of the inflation targeting range following the CPI base year update is under examination.
•He noted that methodological changes are material but not substantial enough to necessitate a change in the inflation target itself.
•The RBI's upcoming projections in the April monetary policy will reflect the revised base year and updated methodology for CPI and GDP.
•Malhotra welcomed the updates, stating they will better reflect Indian households' consumption patterns and reduce volatility.
•The Governor affirmed that Indian banks have sufficient capital to meet their needs and the credit demands of the economy.

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