RBI Governor Shaktikanta Das emphasized the importance of preserving the success achieved in controlling inflation during the recent Monetary Policy Committee (MPC) meeting. Despite concerns over the impact of geopolitical developments on prices, the committee maintained the benchmark lending rate at 6.5%. While most MPC members voted for this status quo, one member advocated for a slight reduction in the repo rate. Das highlighted the bright economic growth prospects for India in 2024-25 but cautioned against complacency, noting the vulnerability of inflation to supply-side shocks, particularly in food prices due to adverse weather events.