The Reserve Bank of India (RBI) on Wednesday kept the benchmark repo rate unchanged at 5.25%, extending its pause for a fourth consecutive policy meeting as policymakers balanced rising headline inflation against still-benign underlying price pressures and resilient domestic growth.
The six-member Monetary Policy Committee (MPC) unanimously retained its wait-and-watch approach amid persistent geopolitical uncertainties, volatile crude oil prices and emerging inflationary pressures.
