India, April 8 -- The Reserve Bank of India held the repo rate at 5.25% in its first monetary policy decision since the Iran war broke out, even as a two-week ceasefire announced earlier today cooled crude oil prices and boosted rupee.

The status quo was a unanimous decision by the six members of India's Monetary Policy Committee, RBI Governor Sanjay Malhotra said in a televised speech on Wednesday (8 April 2026). The policy stance was maintained at "neutral".

"The high-frequency indicators indicate sustained momentum and economic activity," the RBI governor said. "The headline inflation remains contained and below central bank's target of 4%."

All 30 economists surveyed by Bloomberg News had expected RBI to keep the benchmark repo rat...