RBI keeps the repo rate unchanged at 6%

At the end of two days long review meet, RBI has kept the repo rate unchanged at 6%. There is also the forecast of increased inflation (from 4.2-4.6 percent to 4.3 to 4.7 percent) for next couple of quarters. While Ravindra Dholakia of the Monetary Policy Committee has voted for a rate cut, the other five members of the committee had voted for unchanged repo rate.