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25 percent and kept its reverse repurchase rate, the rate paid for deposits from commercial banks, at a four-year high of 6.0 percent.
The central bank did refrain from lifting its long-term rate, or bank rate, from 6.
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0 percent and kept the cash reserve ratio, the percentage of funds banks have to keep as cash, at 5.
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0 percent.
The central bank said global oil prices, down more than 10 dollars from record levels above 70 dollars earlier this year, and a booming economy posed a threat to price stability.
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The economy, which grew 8.4 percent in the fiscal year ended March and 8.9 percent in the quarter ended June, showed "signs of overheating", it said.
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"While global inflation conditions have not worsened, concerns relating to price pressures and uncertainties surrounding international crude prices persist," Reserve Bank Governor Y.V. Reddy said in a statement.
The central bank meanwhile raise