RBI holds rates, with a 4:2 vote

The RBI left the key interest rates unchanged in its monetary policy review on Friday, as it continues to maintain a balance between economic growth and keeping inflation in check.

However, the Monetary Policy Committee took the decision with a 4:2 majority vote.

The RBI Governor said, "The pattern of world crisis continues, but India is headed for sustained high growth based on its demographics, productivity and the right government policies in place.

However, at the same time, we need to be vigilant in the backdrop of an unsettled global environment."