<h1>MPC Holds Repo Rate at 4.0%, Maintains Accommodative Stance to Support Growth Amid Omicron Challenges and Inflation Targets.</h1> The Monetary Policy Committee (MPC) decided to keep the policy repo rate unchanged at 4.0% and maintain an accommodative stance to support economic growth and mitigate COVID-19 impacts, while aiming to keep inflation within the target range. Global economic activity has been affected by the Omicron variant, leading to revised growth projections. India's GDP growth for 2021-22 is estimated at 9.2%, with inflation projected to moderate in 2022-23. The MPC acknowledges the need for continued policy support due to incomplete recovery, with risks from global volatility and supply disruptions. All members agreed on the rate decision, with one expressing reservations on the accommodative stance.