RBI keeps repo rate unchanged at 5.25% despite falling rupee
India, June 5 -- The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) on Friday unanimously decided to keep the policy repo rate unchanged at 5.25 per cent, while maintaining its neutral policy stance amid rising global uncertainties, geopolitical tensions in West Asia and concerns over inflationary pressures.
Announcing the decisions of the second bi-monthly monetary policy meeting for FY27, held from June 3 to June 5, RBI Governor Sanjay Malhotra said the MPC had undertaken a detailed assessment of evolving macroeconomic and financial conditions before voting unanimously to leave the policy repo rate under the Liquidity Adjustment Facility (LAF) unchanged at 5.25 per cent.
"Consequently, the Standing Deposit Facility (SDF...
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