The Reserve Bank of India on Friday left the repo rate unchanged at 5.25% for the second consecutive policy meeting, as policymakers assessed the impact of higher energy prices and supply-chain disruptions stemming from the ongoing West Asia conflict.
The decision comes against the backdrop of a three-month-long crisis in West Asia that has disrupted energy supplies, pushed up crude oil prices and heightened inflationary as well as fiscal risks for import-dependent economies such as India.
