RBI MPC keeps policy rate unchanged at 5.25%
The Reserve Bank of India's Monetary Policy Committee kept the policy repo rate unchanged at 5.25%. The MPC observed that the higher inflation is mostly on account of fuel and food, with little sign of generalisation of price pressures so far. The status quo reflects a cautious stance amid rising retail inflation.
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The repo rate decision and MPC's inflation reasoning are core banking-exam content.
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- RBI MPC kept the policy repo rate unchanged at 5.25%
- MPC said higher inflation is mostly due to fuel and food
- Committee noted little sign of generalisation of price pressures
Background
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