India central bank holds policy rate, as expected

The Reserve Bank of India (RBI) has kept its key repo rate unchanged at 5.25%, in line with market expectations. The decision comes amid strong economic growth and easing external pressures following a trade deal between India and the United States. The RBI retained its “neutral” policy stance, indicating stable interest rates in the near term. Inflation remains benign, while India continues to be among the world’s fastest-growing major economies.