The Reserve Bank of India left the repo rate at 5.25% for a fourth consecutive policy meeting, as expected. The six-member Monetary Policy Committee, led by Governor Sanjay Malhotra, voted unanimously. The MPC retained a neutral stance, citing inflation remaining within the 2%-6% target range. The central bank said it is monitoring energy-price rises from the Iran conflict for broader inflation pass-through and will consider policy action only if those supply shocks generate sustained, wider inf

The Reserve Bank of India left the repo rate at 5.25% for a fourth consecutive policy meeting, as expected. The six-member Monetary Policy Committee, led by Governor Sanjay Malhotra, voted unanimously. The MPC retained a neutral stance, citing inflation remaining within the 2%-6% target range. The central bank said it is monitoring energy-price rises from the Iran conflict for broader inflation pass-through and will consider policy action only if those supply shocks generate sustained, wider inflationary pressure.