<h1>RBI's Monetary Policy Committee Keeps Repo Rate Unchanged at 4% to Support Growth Amid COVID-19 Challenges.</h1> The Monetary Policy Committee (MPC) of the Reserve Bank of India met from February 8-10, 2022, and decided to keep the policy repo rate unchanged at 4.0%, maintaining an accommodative stance to support growth amid the ongoing COVID-19 impact. The MPC aims to achieve a medium-term inflation target of 4% while supporting economic growth. The global economy faces challenges from the Omicron variant and inflationary pressures, while India's GDP growth is projected at 7.8% for 2022-23. Inflation is expected to moderate, with CPI inflation projected at 4.5% for 2022-23. The MPC emphasized the need for continued policy support to ensure recovery.