The Reserve Bank of India today kept interest rates unchanged at 5.25% and maintained a neutral policy stance, signalling continuity, as it grapples with a sharply weaker rupee while trying to support economic growth.The Reserve Bank of India is set to announce key decisions on inflation, GDP and repo rate. During the last MPC, the central bank kept interest rates unchanged at 5.25% and maintained a neutral policy stance, signalling continuity, as it grapples with a sharply weaker rupee while trying to support economic growth.Global growth is under mounting downside pressure, as the recent surge in energy prices and supply shortages partially eased today has fueled inflation concerns and heightened the geopolitical risk premium in oil markets, said the Governor Sanjay Malhotra.Here is a quick look at the takeaways from the the last MPC:Repo rate The RBI held its key repo rate steady at 5.25% in its first policy meeting since the outbreak of the Iran conflict. All six members of the Monetary Policy Committee, comprising three RBI officials and three external experts, voted unanimously to maintain the rate, while the MPC retained its "neutral" policy stance.GDP outlook The Reserve Bank of India kept FY26 growth unchanged at 7.6% but pencilled in a slower 6.9% expansion for FY27, projecting growth at 6.8% in Q1, 6.7% in Q2, before picking up to 7% in Q3 and 7.2% in Q4, even as it warned that the Iran war, higher oil prices and geopolitical tensions could weigh on the outlook.According to the April MPC report, assuming a normal monsoon and no major exogenous or policy shocks, the RBI released a structural model forecast for 2027-28, indicating real GDP growth at 6.6 per cent.Inflation outlook RBI projected the country’s Consumer Price Index (CPI) inflation for 2027 to average 4.6%. According to Sanjay Malhotra, inflation is expected to start at 4% in Q1, rise to 4.4% in Q2, peak at 5.2% in Q3, and then moderate to 4.7% in Q4. This pattern indicates a mid-year inflation surge followed by a gradual easing towards year-end.Forex India’s foreign exchange reserves rebounded to $697.1 billion as of April 3, RBI Governor said during, signaling a recovery after recent sharp declines caused by currency market interventions.