India, April 8 -- The Reserve Bank of India decided to hold its benchmark interest rates on Wednesday as macroeconomic outlook remains resilient despite elevated geopolitical tensions. At the meeting, the Monetary Policy Committee, governed by Sanjay Malhotra, unanimously decided to keep the policy repo rate unchanged at 5.25 percent.
"It is prudent to wait and watch the changing circumstances and the evolving growth-inflation outlook," the bank said in a statement.
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