The Reserve Bank of India on Friday decided to pause further rate cuts, keeping the policy repo rate unchanged at 5.25 percent, citing heightened geopolitical uncertainties. The decision follows a 25 basis point rate cut announced in December.

This marks the first monetary policy review after Finance Minister Nirmala Sitharaman presented the Union Budget for the financial year 2026–27.

Announcing the sixth and final bi-monthly monetary policy of the current fiscal, RBI Governor Sanjay Malhotra said the Monetary Policy Committee (MPC) unanimously decided to retain the short-term lending rate while maintaining a neutral policy stance.