In a move reflecting its cautious approach amid ongoing economic uncertainties, the Reserve Bank of India (RBI) has decided to keep the repo rate unchanged at 6.5 percent. This marks the ninth consecutive time the central bank has opted for stability in its monetary policy.

"After a detailed assessment of the evolving macroeconomic and financial conditions and the overall outlook. It decided by a majority of four members to keep the policy repo rate unchanged at 6.5 percent," Governor Shaktikanta Das stated.