MUMBAI (Reuters) -The Reserve Bank of India (RBI) kept its key repo rate unchanged at 5.50% on Wednesday, in line with market expectations, as it evaluates the impact of earlier rate cuts and recent tax reductions amid global trade uncertainties.

The central bank had cut the repo rate by a total of 100 basis points in the first half of 2025, but paused at its previous meeting in August.

The six-member rate-setting panel voted unanimously to keep the key repo rate at 5.50% and decided to continue with a “neutral” policy stance.

A Reuters poll had predicted rates would remain on hold, although some economists highlighted subdued inflation and risks to growth as reasons for a potential cut.

The MPC observed that inflation outlook has turned more benign due to lower food prices and tax rat

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