the key policy repo rate by 25 basis points, in line with economists' expectations, and surprised markets by leaving the door open to more tightening, saying core inflation remained high.
"The RBI's decision will have a neutral impact on the markets, at least two members of the monetary policy committee were against a rate hike, wanted a pause ... That's a positive given the inflation is below the upper level of the RBI's tolerance band," said Neeraj Dewan, director, Quantum Securities
"The stickiness of core or underlying inflation is a matter of concern. We need to see a decisive moderation in inflation," RBI Governor Shaktikanta Das
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