<h1>Accommodative monetary stance maintained; policy repo rate left unchanged to support growth while monitoring inflation.</h1> The MPC retained the policy repo rate and continued an accommodative stance to support durable growth while ensuring CPI inflation remains within the medium term target; it cited large surplus liquidity, moderated headline inflation with upside commodity and fuel risks, mixed domestic activity amid the second COVID wave, and the need for coordinated fiscal and supply side measures and accelerated vaccination to sustain recovery.