<h1>India's RBI Keeps Repo Rate at 4%, Supports Growth with Accommodative Stance Amid COVID-19 Challenges.</h1> The Monetary Policy Committee (MPC) of India decided to maintain the policy repo rate at 4% and continue with an accommodative monetary policy stance to support economic growth amidst COVID-19 challenges. The Reserve Bank of India (RBI) has implemented measures to ensure liquidity and financial stability, including special facilities for housing and agriculture sectors, and a framework for restructuring MSME debt. The RBI has also introduced initiatives to enhance digital transactions and financial innovations. Despite global economic fragility, India's rural economy shows signs of recovery, but overall GDP growth is expected to remain negative for 2020-21.