RBI Sticks to 5.25% Rate as Inflation Keeps Twirling

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RBI Sticks to 5.25% Rate as Inflation Keeps Twirling

The Reserve Bank of India, with its six-member Monetary Policy Committee, decided to keep the repo rate steady at 5.25% for the third time in a row! They're waiting for clearer signals on growth and inflation as oil prices do their dance. RBI Governor Sanjay Malhotra emphasized the need for caution while keeping a close eye on incoming data. Stay tuned for what comes next!