RBI MPC Meeting News LIVE: The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) is scheduled to announce its decisions on the key policy rate hike, inflation projection, and GDP outlook today.Analysts anticipate that the central bank will likely maintain the current pause on the repo rate. This stance is motivated by concerns over inflation and the necessity to sustain a stable borrowing cost in order to uphold the momentum of economic growth.The borrowing cost, which experienced an increase in May of the previous year, has since steadied. The RBI has held the repo rate at 6.5 percent since February, following a prior increase from 6.25 percent. Subsequently, the benchmark rate was retained in the subsequent policy reviews of April and June.According to a report from BofA Securities, it is anticipated that the RBI MPC will adopt a hawkish hold on August 10, maintaining the existing stance as a withdrawal of accommodation.In its preceding meeting in early June, the mon