RBI monetary policy today: Repo rate, policy stance — What to expect

“The meeting of the Monetary Policy Committee in April is the first meeting after the decision to retain the inflation target. Though the Consumer Price Index of February has increased to a level more than 5%, it is still within the acceptable range. Hence, the MPC is expected to maintain the status quo both in terms of the interest rate and its accommodative stance,” opined Divakar Vijayasarathy, founder and managing Partner, DVS Advisors LLP.