New Delhi, Feb. 6 -- The Reserve Bank of India's Monetary Policy Committee (MPC) unanimously decided to keep the policy repo rate unchanged at 5.25 per cent and continue with a neutral stance, even as one external member favoured a shift towards an accommodative position, according to SBI Research's latest Ecowrap report released here on Friday.
The decision was taken against the backdrop of sustained buoyancy in the services sector, GST rationalisation, healthy rabi prospects, benign inflation conditions, high capacity utilisation, supportive financial conditions, strong corporate and banking sector balance sheets and fresh investment activity.
Reflecting these factors, the RBI revised its real GDP growth projections upwards to 6.9 per c...