Reserve Bank Governor Sanjay Malhotra on Friday announced the Monetary Policy Committee's (MPC) decision, with repo rate remaining unchanged at 5.25%. The status quo reflects the RBI's cautious approach amid uncertainties arising from the ongoing West Asia conflict, which has heightened concerns over inflation and economic growth.
At its previous policy review in April, the RBI had kept rates unchanged, choosing to closely monitor the evolving geopolitical situation and its potential impact on energy prices, inflation and economic activity.