All six members of the Reserve Bank of India's (RBI's) monetary policy committee (MPC) expressed caution over food inflation during the December review, while two external members warned about high real interest rates as headline inflation approaches its target of 4 per cent.
The central bank continued to maintain the status quo on both the repo rate and the stance in the December monetary policy.
India's retail inflation in November rose to 5.5 per cent - its fastest pace in three months - due to higher food prices.