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<h1>RBI monetary policy kept the repo rate unchanged, citing benign inflation but waiting on global uncertainty before easing further.</h1> The MPC retained the policy repo rate at 5.50 percent, concluding that a benign inflation outlook and downward revisions to projections create policy space for further easing but that elevated global uncertainty, the transmission of earlier rate cuts, and fiscal measures justify a pause; members stressed that any future reduction should await clearer transmission and external developments, with the next assessment scheduled for December.