The Reserve Bank of India’s Monetary Policy Committee on Wednesday decided to keep the policy repo rate unchanged at 5.5 per cent following a detailed assessment of the evolving macroeconomic and financial developments. The Central bank also maintained its “neutral” stance.

“The MPC considered it prudent to wait for the impact of policy actions to play out, and for greater clarity to emerge before starting the next course of action. Accordingly, the MPC unanimously voted to keep the policy repo report unchanged at 5.5% and also decided to retain the stance at neutral,” RBI Governor Sanjay Malhotra said.

The RBI also revised its real GDP growth forecast for FY2026 to 6.8%, up from 6.5%, reflecting increased confidence in the economy’s momentum. Malhotra said that buoyancy in services sect

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