Mumbai: The Reserve Bank of India (RBI) on Friday decided to keep the benchmark repo rate unchanged at 5.25%, opting for caution as rising crude oil prices, geopolitical tensions in West Asia and a weakening rupee cloud the country’s economic outlook. The decision was announced by RBI Governor Sanjay Malhotra after the conclusion of the Monetary Policy Committee’s (MPC) three-day meeting. international trade routes are beginning to impact both growth and inflation. The RBI indicated that it would continue to closely monitor developments and remain data-dependent in its future policy decisions. services-sector growth continue to provide support to the economy. is expected to move closer to the upper end of the RBI’s comfort range during the second half of the fiscal year. -chain disruptions continue to pose significant risks. with uncertain economic conditions. balanced approach by maintaining rates while signaling vigilance on inflation risks. changing global conditions. entrenched. confidence in the economy’s resilience while remaining prepared to respond to emerging risks.
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