India's Central Bank Holds Key Interest Rate Steady at 5.25%

The Reserve Bank of India's Monetary Policy Committee unanimously kept the repo rate at 5.25% and maintained a neutral stance. This decision reflects ongoing global uncertainties, including Middle East conflict and oil price volatility, influencing the inflation outlook. Despite these risks, the RBI increased its FY27 GDP growth forecast to 6.7% and reduced its CPI inflation forecast to 5.0%, signaling confidence in India's economic resilience.