A hybrid vehicle powertrain is configured to provide a regenerative-braking torque limit on a transmission during a regenerative-braking downshift. The regenerative-braking downshift event has sequential boost, start, torque, inertia, and end phases. The transmission may be operated in absence of a regenerative-braking torque limit during the boost and start phases to recapture more energy. The transmission may be operated with a regenerative-braking torque limit during the torque and inertia phases to protect for an input shaft speed dip that may occur without the limit. The limit may be removed once the regenerative-braking downshift event is completed.