India

Merchant’s Chamber of Commerce & Industry welcomed the decision of the monetary policy committee  of RBI to retain the repo rate 

8th April 2026

Merchant’s Chamber of Commerce & Industry (MCCI), one of the leading and oldest trade bodies in the east, today welcomed the decision of the monetary policy committee (MPC) of RBI to retain the repo rate unchanged at 5.25 per cent in the current global scenario.

The central bank in its April meeting has also maintained policy stance ‘neutral’ with focus on balancing growth and inflation.

The RBI MPC meeting which started on April 6 had been held against the backdrop of escalating geopolitical tensions in the Middle East due to US-Iran war, led the economists to presume that status quo will be maintained by not changing the repo rate.

The monetary panel is of the view that the duration of the conflict in the Middle East poses risks to both inflation and growth.

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