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India's GDP growth seen at 7% in FY26, says RBI

The central bank retains its growth forecast, citing strong domestic demand and a resilient financial sector.

Rohit Sharma

By Rohit SharmaMarkets Correspondent

Sep 19, 2026 | 08:15 AM IST | 3 min read

India's GDP growth seen at 7% in FY26, says RBI
The Reserve Bank of India retained its growth outlook for FY26. | Image: Reuters

The Reserve Bank of India has retained its GDP growth forecast at 7% for FY26, pointing to resilient domestic demand, healthy corporate balance sheets and a stable financial system.

Officials said inflation is moderating, though global commodity swings and geopolitical risks remain key watchpoints for the months ahead.

“Domestic demand remains the primary engine of growth, even as global uncertainty stays elevated.”

— RBI policy note

▸Why it matters

People

Steady growth supports jobs and household incomes.

Investor

A stable outlook can keep equity and debt flows constructive.

Business

Firms get more visibility to plan capex and hiring.

Economy

A 7% print keeps India among the fastest-growing large economies.

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