RBI holds rates at 6 point 5 percent as inflation fight continues

A rate pause since February 2023 signals what next

The Reserve Bank of India kept its key policy rate unchanged at 6.5%, matching market expectations. With economic growth remaining resilient, the RBI said it can keep its focus on bringing inflation toward its medium-term target of 4%. The last rate move was in February 2023, when the policy rate was raised to 6.5%.