This was the seventh consecutive occasion when the central bank maintained a status quo on policy rates
Policy makers voted 5-1 in favor of keeping the stance accommodative, a departure from the past when they were unanimous on the need to support growth amid the pandemic.
Six-member Monetary Policy Committee is meeting amid weak indicators raising doubts about the economy's ability to sustain a nascent recovery
RBI should give a near-term road map for policy normalisation
Retail inflation came at 6.30 per cent in May, and 6.26 per cent in June -- both above the upper limit of the RBI's target
Inflation is showing signs of stickiness, but it is only a "transitory hump" that should moderate in the third quarter, he said.
The model suggests that interest rates can be kept low for the greater good.
RBI's primary mandate should remain inflation targeting
Ignoring it for long could increase longer-term costs
RBI should not underestimate risks
Repo rate stays at 4%, stance accommodative; Central bank to buy Rs 1.2 trillion of bonds in Q2
This time, RBI's rate-setting body is not only talking about sustaining growth but also reviving it
NACH to be available on all days of week from August 1, says RBI
Bank stocks such as HDFC Bank, State Bank of India (SBI), RBL Bank, Bandhan Bank and Punjab National Bank slipped nearly 1 per cent each
Monetary policy committee's decisions show there is slim chance of repo rate being increased in near future
Expects minimum Rs 1 trn of G-SAP in 2nd quarter, sees it rising to Rs 1.25 trn to keep yields soft
The RBI had kept key interest rates unchanged at the last MPC meeting held in April.
RBI's monetary policy committee will likely keep the repo rate unchanged at 4% for a sixth straight meeting
Over the last couple of months, there have been major unfavourable developments with regards to both growth and inflation.
RBI's forecast for growth is 10.5% for the current fiscal year. Most analysts expect the RBI to lower it in the June 4 monetary policy announcement