India's central bank is being cautious about inflation, as seen in the latest minutes from the monetary policy committee meeting.
The Reserve Bank of India (RBI) is closely monitoring risks related to geopolitical tensions and fluctuating food prices, which are challenging economic stability.
In the recent meeting, the RBI decided to keep interest rates unchanged but adjusted its stance to neutral, indicating a potential shift towards easing monetary policy in the future.
This decision reflects the committee's commitment to balancing inflationary pressures with the need to support economic growth.