RBI Monetary Policy HIGHLIGHTS: Reserve Bank of India (RBI) in its sixth bi-monthly monetary policy committee (MPC) meeting decided to keep rep rate unchanged at 4% and the reverse repo rate at 3.35%. The six member MPC voted unanimously to keep the stance accommodative to facilitate the recovery in the economic indicators. The MPC, however, sees inflation at elevated levels through the third quarter of this fiscal with some respite coming in with the incoming kharif crop and seasonal reduction in prices. The MPC said that it believes the high inflation figures is owing to supply side disruptions. RBI Governor Shaktikanta Das, while announcing the policy decisions, said that the MPC will monitor closely all threats to price stability to anchor broader macroeconomic and financial stability.