RBI holds rates steady at 5.25%

The Reserve Bank of India kept its benchmark repo rate unchanged at 5.25% on Wednesday in its first policy decision since the Iran war, as it grapples with a sharply weaker rupee while trying to support economic growth.All ⁠six members of the rate panel, which includes three central bank officials and three external appointees, voted to hold rates. The MPC also decided to continue with the "neutral" stance.Since the last policy ⁠meeting, geopolitical ‌uncertainties have risen, RBI governor Sanja...