New Delhi, June 8 -- The Reserve Bank of India (RBI) last week kept its benchmark repo rate unchanged at 5.25 per cent, as expected.

The Monetary Policy Committee (MPC) unanimously voted to leave the policy repo rate unchanged at 5.25 per cent, and continue with its "neutral" stance, said the monetary policy statement.

"Although risks of higher inflation have amplified, the MPC felt it would be prudent to wait for greater clarity to emerge. Accordingly, the MPC voted to keep the policy rate unchanged. At the same time, the MPC will continue to remain data-dependent and closely monitor the developments, including supply side pressures getting embedded in the general price level and inflation expectations. The MPC also decided to retain t...