Robust growth led RBI to keep rates on hold

The Reserve Bank of India (RBI) opted to maintain interest rates unchanged due to the country's strong economic expansion. With the economy showing robust growth, the RBI's decision reflected a cautious approach to monetary policy. Despite inflation concerns, the central bank focused on sustaining the momentum of economic recovery. By keeping rates steady, it aims to support continued growth while monitoring inflationary pressures. This decision underscores the RBI's commitment to balancing economic expansion with inflation control, ensuring stability in India's financial landscape.