# RBI holds repo rate at 5.25%, keeps neutral stance 2026-08-19T15:35:54+00:00 | Governance | Indian Opinion Desk Corroboration: 1 independent outlet The Reserve Bank of India's Monetary Policy Committee (MPC) voted unanimously to keep the policy repo rate unchanged at 5.25% following its 62nd meeting held from August 3 to 5, 2026. The standing deposit facility rate remains at 5.00%, and the marginal standing facility rate and the Bank Rate stay at 5.50%. The MPC also decided to continue with a neutral stance. The MPC noted that the global economic outlook in 2026 has been marked by sharp market swings, persisting inflation concerns, and shifting policy expectations. It flagged risks from the resumption of conflict in West Asia, volatile oil prices, and sticky inflation. Domestically, the Indian economy remains resilient with steady demand, robust private consumption, and resilient investment, though deficient monsoon and global headwinds pose risks to agriculture and rural demand. ## Indian Opinion Analysis This is the fourth consecutive hold after the last rate cut in February 2025, signalling the MPC's preference for stability over aggressive easing despite global volatility. The neutral stance leaves room to act either way, but the unanimous vote suggests no internal pressure for a cut yet. The real test will come with the next inflation print: if consumer price inflation stays above the 4% target for a third quarter, the hold could shift to a hawkish tilt. Markets will watch the October MPC meeting for any change in the growth-inflation calculus. ## Coverage - rbi.org.in Official RBI minutes presented as a factual record of the meeting without editorial slant. This story was synthesised by AI from the source linked above. Tags: Monetary Policy Committee, repo rate, Reserve Bank of India, Sanjay Malhotra Canonical: https://indianopinion.org/rbi-holds-repo-rate-at-5-25-keeps-neutral-stance/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/rbi-holds-repo-rate-at-5-25-keeps-neutral-stance/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes. How this brief was made: an AI model read the report linked above and wrote this summary and analysis, which were published automatically. Published briefs are sampled every hour by an automated quality check; the editor verifies its findings and approves corrections, and corrected briefs carry a dated correction line. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/