RBI may keep rates unchanged, focus on rupee stability and bond yields

The Reserve Bank of India is widely expected to maintain interest rates and its policy stance unchanged due to global economic uncertainties, including the US-Israel conflict impacting energy prices and fiscal deficit concerns. Policymakers will closely monitor the rupee's performance and potential capital outflows, with the RBI possibly considering measures to support the currency without an aggressive immediate response.

from Economic Times https://ift.tt/ZSdLeQN