The Reserve Bank of India's Monetary Policy Committee has decided to keep the policy repo rate unchanged at 5.25% despite rising global uncertainties and inflationary pressures.
RBI Governor Sanjay Malhotra stated that the global economy continues to face unprecedented challenges, including disruptions to key trade routes and supply chains, heightened market volatility, and cautious business sentiment.
India remains relatively well-positioned to withstand external shocks, but the Governor stressed the need to use the current period of turbulence to strengthen the country's economic resilience.
The latest decision follows the MPC's April policy meeting, when it had also unanimously voted to keep the repo rate unchanged at 5.25% while retaining the neutral policy stance.
