India, Oct. 2 -- Reserve Bank of India (RBI) expectedly left key interest rates unchanged on Wednesday as it waited for clarity on the impact of US tariffs as well as the playout of rate cuts and tax reductions.
RBI Governor Sanjay Malhotra, however, signalled scope for easing in the coming months to support the economy from any possible hit from US tariffs. The six-member monetary policy committee voted unanimously to keep the repurchase rate unchanged at 5.5 per cent and decided to continue with a "neutral" policy stance, giving it flexibility to move in either direction if needed in future.
The rate-setting panel, headed by the RBI Governor and comprising half of external experts, had cut interest rates by a total of 100 basis points t...