India, Aug. 6 -- The Reserve Bank of India on Wednesday opted to keep the policy rate unchanged at 5.5%, following three consecutive rate cuts, as it weighed ongoing uncertainties around global tariffs.
Announcing the third bi-monthly monetary policy for the current financial year, RBI Governor Sanjay Malhotra stated that the growth projection for FY26 remains unchanged at 6.5%.
He added that the Monetary Policy Committee (MPC) unanimously voted to maintain the repo rate at 5.5% and retained its neutral policy stance.
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