RBI MPC keeps policy repo 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 was mostly on account of fuel and food, with little sign of a broader generalisation of price pressures so far, allowing it to hold the rate steady.
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- Policy repo rate held unchanged at 5.25% by the MPC.
- Higher inflation attributed mainly to fuel and food.
- MPC saw little generalisation of price pressures so far.
Background
Relevant forBanking · SSC · State PSC · UPSC