Amid the ongoing global trade wars and unfavourable tariff scenario between India and the United States of America, the Reserve Bank of India, after three successive interest cuts, decided to keep the policy rate unchanged at 5.5 per cent on Wednesday. Along with keeping the repo rate stable, the RBI has also retained the neutral stance, weighed by concerns over tariff uncertainties.

As reported by PTI, the central banking organisation announced the third bi-monthly monetary policy of the current fiscal year. Also, the RBI Governor Sanjay Malhotra said that the growth rate projection for FY26 has been retained at 6.5 per cent.

The RBI Governor, after the announcement of unchanged interest rates, stated that the Monetary Policy Committee (MPC) unanimously decided to keep the short-term lending rate, or repo rate, unchanged at 5.5 per cent with a neutral stance.