The Reserve Bank of India (RBI)’s Monetary Policy Committee (MPC) meeting for the new fiscal year 2023-24 will begin today, on April 3, 2023. The meeting that will conclude on April 6, 2023 with RBI Governor Shaktikanta Das’ address, will see the MPC’s decision on key interest rate. As the central bank continues its fight with inflation, analysts expect a moderate hike of 25 basis points (bps) in the interest rate.