<h1>RBI's Monetary Policy Committee Maintains Repo Rate at 4% to Support Growth Amid COVID-19 Challenges and Inflation Concerns.</h1> The Monetary Policy Committee (MPC) of the Reserve Bank of India held its meeting from August 4 to 6, 2021, deciding to maintain the policy repo rate at 4.0% and the reverse repo rate at 3.35%. The committee emphasized continuing with an accommodative stance to support growth and mitigate COVID-19 impacts while keeping inflation within the target range. The global economic recovery is uneven, with some countries facing challenges due to the delta variant. Domestically, economic activity showed signs of recovery in June-July, but inflationary pressures persist, driven by supply-side factors. The MPC unanimously voted to maintain the repo rate, with one member expressing reservations about the accommodative stance.