New Delhi, June 5 -- RBI governor Sanjay Malhotra on Friday, 5 June, announced that the monetary policy committee (MPC) has decided to keep the repo rate unchanged at 5.25% and maintain the policy stance as "neutral". The central bank cited heightened inflation risks arising from geopolitical tensions as the primary reason behind the decision, while noting that the Indian economy continues to remain resilient and well-positioned despite global uncertainties.

The Reserve Bank of India's decision to hold interest rates steady is expected to have a direct bearing on millions of borrowers and depositors. While home loan borrowers with repo-linked loans are unlikely to see any immediate change in their EMIs, fixed deposit investors can expect...