RBI Bulletin – September 2026
The RBI's September 2026 Bulletin contains seven speeches, three articles and current statistics. It reports 7.8 per cent economic growth in Q1:2026-27, August headline inflation of 4.8 per cent, analysis of the credit-deposit ratio, and envisaged private corporate capex of ₹3.2 lakh crore in 2026-27.
Prelims pointers
- India's economy recorded growth of 7.8 per cent in Q1:2026-27, according to the Bulletin's State of the Economy article.
- Headline inflation rose to 4.8 per cent in August, driven by food and beverages along with higher fuel and core components.
- Since FY2023, bank credit growth has largely outpaced aggregate deposit growth, taking the credit-deposit ratio above 80 per cent.
- The high credit-deposit ratio at end-March 2026 reflected higher lower-cost borrowings, higher capital and changes in asset composition.
- Pipeline projects across all financing channels indicate envisaged private corporate capex of ₹3.2 lakh crore in 2026-27.