MUMBAI (Reuters) - The Reserve Bank of India kept its repo rate at 6.25 percent for a third consecutive policy meeting on Thursday as it continues to guard against any potential flare-up in inflation and an uncertain global economic environment.
All 60 economists polled by Reuters had predicted the RBI's six-member monetary policy committee (MPC) would keep the repo rate at the same level since October.
The MPC's vote was 6-0. All four meetings under the panel format so far have produced unanimous decisions.
(Reporting by Suvashree Dey Choudhury and Rafael Nam; Editing by Richard Borsuk)
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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