The Reserve Bank of India (RBI) on Wednesday decided to keep the benchmark repo rate unchanged at 5.25 percent, choosing a cautious "wait-and-watch" approach as geopolitical instability in West Asia continues to rattle global markets. The decision, announced by Governor Sanjay Malhotra following a three-day meeting of the Monetary Policy Committee (MPC), keeps borrowing costs steady for the second consecutive time this year.
...