Mumbai, Feb. 4 -- The three-day meeting of the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) begins today, with the policy outcome scheduled to be announced on Friday by RBI Governor Sanjay Malhotra.

The meeting comes at a time when the central bank has already undertaken significant monetary easing over the past year.

The Reserve Bank of India has reduced the key short-term lending rate, or the repo rate, by a cumulative 125 basis points since last February, reflecting its focus on supporting economic growth while keeping inflation under control.

During the current MPC meeting, members will hold detailed discussions over three days, carefully assessing both inflation trends and growth prospects of the Indian econo...