Mumbai, India, April 8, 2026 (AFP) - India central bank holds rates, assesses Middle East war

NAMPA / AFP

2026-04-08

India's central bank left interest rates unchanged on Wednesday as it assessed the fallout of the Middle East war on the world's fastest-growing major economy. The Reserve Bank of India (RBI) said the benchmark repurchase rate, the level at which it lends to commercial banks, would remain at 5.25 percent after a unanimous vote by a six-member panel. A majority of analysts had forecast a pause, given that the bank reduced rates by a cumulative 125......

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