A buried line in their latest meeting minutes hints at a 50–75 bps increase if food and fuel prices keep rising. Why should you care? Because higher rates mean costlier loans, slower credit growth, and maybe even delayed salary hikes or job expansions. ICICI Bank’s analysis shows inflation could hit 5.6% by FY27 end; and if core CPI crosses 4%, the RBI won’t wait. The twist? India’s economy is still growing at 6.7%, defying global headwinds. So while growth looks strong, inflation is quietly turning up the heat. If you’re planning a home loan, car loan, or even a business expansion, now’s the time to watch this closely. The RBI isn’t just reacting; they’re preparing. And you should be too.