The Reserve Bank of India on Wednesday opted to keep the policy rate unchanged at 5.5%, following three consecutive rate cuts, as it weighed ongoing uncertainties around global tariffs.

Announcing the third bi-monthly monetary policy for the current financial year, RBI Governor Sanjay Malhotra stated that the growth projection for FY26 remains unchanged at 6.5%.

He added that the Monetary Policy Committee (MPC) unanimously voted to maintain the repo rate at 5.5% and retained its neutral policy stance.