Mumbai, Aug. 5 -- The Reserve Bank of India's (RBI) rate-setting panel on Wednesday decided to keep the key policy rate unchanged at 5.25% for the fourth straight meeting.

Sticking to its 'neutral' policy stance, the monetary policy committee (MPC) cited prevailing uncertainties, including risks from geopolitics, supply-chain disruptions and weather vagaries, for the status quo.

A Mint poll of 10 economists had predicted the extended pause as the central bank navigates geopolitical risks, volatile crude oil prices, an uneven monsoon, a weakening rupee and imported inflation.

The RBI pegged growth at 6.7% in fiscal year 2027 (FY27) as against 6.6% estimated in the June policy. It expects retail inflation, as measured by the consumer pri...