India, April 9 -- Reserve Bank Governor Sanjay Malhotra on Wednesday termed the ceasefire between the US and Iran as "pleasant news", which was taken into account while taking the policy decision hours later.

30 am, we got some pleasant news, maybe not a complete surprise," Malhotra told reporters at the customary post-policy-review interaction.

"The ceasefire, to some extent, has been taken into account. The whole implications (will come later), but the ceasefire has been taken into account in the monetary policy decision," he added.

Although it was a scheduled review, the maiden policy review for FY27 by the Reserve Bank is the first such call taken by any central bank in the world after the ceasefire announcement.

Concerns have per...