Indias Central Bank Holds Rates, Awaits Inflation Signal

Policy panel votes unanimously to leave repo rate steady at 5.25 RBI cuts current financial year average inflation forecast to 5 from 5.1 RBI raises GDP growth estimate to 6.7 from 6.6 for the year Central bank chief says to ensure exchange rate is not out of sync with fundamentals MUMBAI, Aug 5 Reuters The Reserve Bank of India left its benchmark repo rate INREPOECI unchanged at 5.25 on Wednesday, as policymakers await clearer evidence on whether rising oil prices are fuelling broader inflation