RBI Bulletin for September 2026 records 7.8 per cent Q1 growth and rising inflation
25 September 2026
The Reserve Bank of India released its monthly Bulletin for September 2026, carrying seven speeches and three articles. Its 'State of the Economy' section noted that the Indian economy recorded growth of 7.8 per cent in Q1 (April-June) of 2026-27 amid global turbulence. Headline inflation edged up to 4.8 per cent in August, driven mainly by food and beverages. The Bulletin also examined a credit-deposit divergence, noting the credit-deposit ratio stayed above 80 per cent, and projected private corporate capital expenditure of about ₹3.2 lakh crore for 2026-27, pointing to sustained momentum in private investment.
Q1 FY 2026-27 GDP growth:
7.8%
August 2026 inflation:
4.8%
Projected private capex 2026-27:
₹3.2 lakh crore
Why it matters for exams: RBI Bulletin data on GDP growth, inflation and investment trends are frequently tested figures in economy sections of competitive exams.
Kerala PSCUPSC