RBI Likely to Maintain Policy Rates Amid Controlled Inflation: Economic Affairs Secretary

• Reserve Bank of India may keep policy interest rates at current levels, according to Economic Affairs Secretary Anuradha Thakur.
• Thakur cited controlled inflation as the primary reason for potential rate stability.
• India's current economic situation does not necessitate significant fluctuations in inflation or interest rates.
• RBI previously cut the repo rate by 125 basis points to 5.25%, one of the lowest in years, supporting the economy.
• The government views retail inflation as consistently within RBI's target range, allowing for less aggressive monetary policy.

Why It Matters: RBI is expected to maintain current policy rates due to controlled inflation and economic stability.