RBI MPC Meet at a Glance: The Monetary Policy Committee (MPC) led by RBI Governor Shaktikanta Das is set to announce its policy stance, likely to maintain current interest rates. The panel discussed inflation trends and food inflation concerns during its meeting on August 7, 2024. Four out of six MPC members voted to keep the repo rate unchanged, while others advocated for a 25 basis point cut and a neutral stance.
