RBI MPC, Sept. 29 -- The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) began its bi-monthly meeting on September 29, with the policy decision scheduled for October 1.

In its last policy decision on August 6, RBI Governor Sanjay Malhotra kept the repo rate unchanged at 5.5 per cent and maintained the policy stance as "neutral."

Since then, the US Fed has cut rates by 25 basis points, and the US administration has become more aggressive in its protectionist stance by announcing a hike in H-1B visa fees and a 100 per cent tariff on branded and patented pharmaceutical imports.

India's favourable growth-inflation dynamics suggest the RBI has space to maintain the repo rate at the current level.

India's consumer price index ...