The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) voted unanimously to leave the policy repo rate unchanged at 4 per cent. At the same time, the marginal standing facility and bank rate also remain unchanged at 4.25 per cent, while the reverse repo rate remains unchanged at 3.35 per cent. The central bank governor Shaktikanta Das on December 4 emphasised that the accommodative stance of monetary policy would continue as long as necessary to revive growth and mitigate the impact of the COVID-19 pandemic, while ensuring inflation remains within the target, going forward. The RBI governor also announced a set of additional measures with the paramount objective of reviving the economy to enhance liquidity support, deepen financial markets, conserve capital among banks and non-banking finance companies (NBFCs), strengthen regulatory supervision, facilitate external trade and upgrade the payment system services