💨 Abstract

The Reserve Bank of India (RBI) kept its key interest rate unchanged but shifted its policy stance to 'neutral' from 'withdrawal of accommodation', indicating a potential future rate cut. The Monetary Policy Committee voted 5-1 to keep the repo rate at 6.5%. The RBI expects inflation to ease and remain below 4% in the coming months, while India's economic growth outlook remains intact.

Courtesy: theprint.in