RBI MPC decision, Feb. 6 -- Much along expected line the Reserve Bank of India's (RBI) six-panel rate-setting committee decided to hold the gunpowder dry as it kept the key repo rate unchanged at 5.25% on Friday.

Announcing the February Monetary Policy Committee (MPC) outcome earlier today, Governor Sanjay Malhotra said the decision to keep the repo rate at 5.25% was unanimous. The monetary policy stance was retained at "neutral", suggesting rates will stay low for some time to come.

Today's rate decision comes after the Union Budget and amid a positive economic outlook and reduced external headwinds following trade deals with the US and Europe.

In its previous December policy, the RBI MPC had announced a 25 bps rate cut to 5.25%.

The...