<h1>MPC Raises Repo Rate by 35 Basis Points to 6.25% to Tackle Inflation, Adjusts Standing Deposit and Bank Rates.</h1> The Monetary Policy Committee (MPC) decided to increase the policy repo rate by 35 basis points to 6.25% to manage inflation and support growth. The standing deposit facility rate is adjusted to 6.00%, and the marginal standing facility rate and Bank Rate to 6.50%. Inflation remains a concern due to global and domestic factors, with projections at 6.7% for 2022-23. Real GDP growth is projected at 6.8% for 2022-23. The MPC emphasizes the withdrawal of accommodation to maintain inflation targets while supporting economic resilience amid geopolitical tensions and fluctuating global demand.