The Reserve Bank of India’s (RBI’s) Monetary Policy Committee (MPC) kept the benchmark repo rate unchanged at 5.25%, as policymakers assessed the inflationary risks posed by surging crude oil prices and escalating geopolitical tensions in West Asia. This is the fourth consecutive time when RBI kept repo rate unchanged.
The central bank maintained monetary policy stance at neutral. Accordingly, MSF and SDF rates maintained at 5.50% and 5.00%, respectively.
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