In line with market expectations, RBI Governor Sanjay Malhotra kept the repo rate unchanged at 5.25 per cent. The decision, taken unanimously, comes after the six-member monetary policy committee held deliberations for two days. Follow Live Updates
Significantly, the repo rate announcement comes hours after US President Donald Trump announced a "double-sided ceasefire" with Iran. The two-week truce triggered a rally in global markets. Indian benchmark indices also witnessed a gap-up opening.
The monetary policy committee, chaired by the RBI Governor, meets every two months to review key economic indicators and determine the policy stance. The central bank kept the rate unchanged in the August, October and February 2026 monetary policies.
Meanwhile, in a significant development, RBI suspended due-diligence requirement for MSMEs for inclusion in various trade platforms to promote ease of doing business, said Govenor Malhotra.
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