All six members of the RBI Monetary Policy Committee voted unanimously to keep the repo rate unchanged at 5.25% at its June 3-5 meeting, favouring to adopt a “wait and watch” approach rather than making a pre-emptive policy pivot amid global uncertainties and elevated crude oil prices. According to minutes of the committee’s meeting released on Friday, the panel said that they would await incoming data and closely monitor the developments before taking any rate hike decision. The meeting took place before the US-Iran agreement to end the war in West Asia.