RBI Holds Repo Rate at 5.50% in Latest Policy Decision
Key Highlights:
The vote was unanimous in favor of maintaining the rate at 5.50%.
The RBI also retained its neutral policy stance, signaling that future moves will depend on evolving macro data.
To reflect changing conditions, the central bank revised its growth and inflation projections for the fiscal year.
The decision comes after a cumulative 100 basis point reduction earlier this year, followed by a pause in August.
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