<h1>RBI's Monetary Policy Committee Keeps Repo Rate Steady at 6% Amid Inflation Concerns and Economic Recovery Focus.</h1> The Monetary Policy Committee (MPC) of the Reserve Bank of India held its ninth meeting on February 6-7, 2018. The committee decided to keep the policy repo rate unchanged at 6.0%, maintaining a neutral monetary policy stance aimed at achieving a medium-term inflation target of 4% while supporting growth. The decision was influenced by global economic activity, domestic inflation trends, and fiscal policies. Inflationary pressures were noted, driven by rising oil prices and fiscal slippage. The committee highlighted a nascent economic recovery and the need for cautious policy measures. All members except one voted to maintain the current rate.