RBI Monetary Policy Highlights: RBI Holds Its Fire To Support Durable, Strong, Inclusive Recovery
India's six-member Monetary Policy Committee voted to keep the benchmark repo and reverse
repo rates unchanged as it weighed uncertainty brought on by the Omicron variant of the Covid
virus against rising input cost pressures. The MPC reiterated its commitment to accommodative
monetary policy as long as necessary to revive and sustain growth on a durable basis.