RBI MPC Meeting Highlights: Repo rate remains unchanged at 6.5%

MPC members maintained status quo on key policy rates in February meeting for sixth consecutive time, while remaining focused on the withdrawal of accommodation to ensure inflation progressively aligns with the target. The MPC maintained its commitment to maintain inflation at 4%. The MPC members acknowledged that domestic economic activity is enduring positively but expressed concerns over geopolitical tensions and the effect of volatile food price on inflation.