A majority of economists expect the Reserve Bank of India to keep its policy rate unchanged at the June meeting. Geopolitical tensions and adverse weather forecasts are cited as key factors behind the anticipated decision.
Economists polled by The Economic Times predict the central bank will maintain its current stance amid risks to growth and potential inflationary pressures. Geopolitical issues and forecasts of adverse weather conditions are seen as threats that could affect the economy and push up prices for fuel and other goods.