The Reserve Bank of India (RBI), led by Governor Shaktikanta Das, has maintained the repo rate at 6.50% in its latest monetary policy announcement. The decision to hold the rate steady reflects the central bank’s focus on keeping inflation under control, especially as global risks and domestic challenges persist.
Governor Das emphasized that inflation, particularly in food items, remains a concern, though there is hope for easing pressures later in the year. The RBI’s stance indicates that while inflation remains high, the bank is cautious about further tightening the monetary policy to avoid harming economic growth.
