New Delhi, June 5 -- The Reserve Bank of India (RBI) on Friday kept the benchmark repo rate unchanged at 5.25 per cent, with Governor Sanjay Malhotra asserting that the Indian economy remains resilient and is better prepared than in the past to deal with rising global uncertainties, supply chain disruptions and geopolitical tensions.
Announcing the decisions of the Monetary Policy Committee (MPC), the Governor said the global economy has been facing heightened uncertainty in recent months due to disruptions in key trade routes, volatility in financial markets and cautious business sentiment.
He noted that the ongoing geopolitical situation in West Asia has led to higher energy prices and supply chain disruptions, creating challenges for e...