RBI keeps policy rate unchanged for third time in row in FY27 amid West Asia crisis
The Reserve Bank of India (RBI) maintained its policy rate at 6.5% for the third consecutive time in fiscal year 2027, amid ongoing tensions in West Asia. This decision reflects the RBI's focus on stabilizing inflation and supporting economic growth despite external pressures. Analysts expect the central bank to continue monitoring global developments closely before making any future adjustments.