RBI’s Monetary Policy Committee keeps policy repo rate unchanged at 5.25%
The Reserve Bank of India’s Monetary Policy Committee has 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 so far of price pressures becoming generalised across the economy. The panel signalled a wait-and-watch stance amid firming headline inflation.
Nabka Insight
RBI holds rates steady even as headline inflation firms up.
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- Policy repo rate held at 5.25%
- Decision taken by the Monetary Policy Committee (MPC)
- Inflation driven mainly by fuel and food
- No broad-based price pressure seen yet
Background
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