RBI MPC meet LIVE: RBI governor Shaktikanta Das-headed Monetary Policy Committee (MPC), started its deliberations on Monday. It met for 3 days from June 6. The repo rate has been hiked for 2nd time in a row by the RBI in a bid to tame the soaring inflation. Last month, MPC raised the key policy rate (repo) by 40 basis points to 4.4 per cent to tame the rising inflation. It was the first rate hike after August 2018. Stay with TOI for latest updates.