<h1>MPC Holds Repo Rate at 6.50%, Shifts to Neutral Stance Aiming for 4% Inflation, Projects 7.2% GDP Growth in 2024-25.</h1> The Monetary Policy Committee (MPC) decided to maintain the policy repo rate at 6.50%, with the standing deposit facility rate at 6.25% and the marginal standing facility rate at 6.75%. The monetary policy stance shifted to neutral, focusing on aligning inflation with a 4% target while supporting growth. India's GDP growth is projected at 7.2% for 2024-25, driven by private consumption and investment. Inflation is expected to moderate to 4.5% for the same period. The MPC emphasized vigilance due to geopolitical risks and market volatility, with the next meeting scheduled for December 2024.