RBI holds repo rate at 5.25% in pause mode
RBI holds repo rate at 5.25% in pause mode as inflation remains sticky despite muted growth impulses. The Monetary Policy Committee voted 5-1 to keep rates unchanged, signaling cautious stance ahead of upcoming state elections and central government polls. RBI Governor highlighted risks from food inflation and elevated CPI at 4.9%, with real policy rate now at 1.6%. Forward guidance suggests rates may stay elevated through H2FY25.
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