The Reserve Bank of India’s rate-setting monetary policy committee (MPC) on Tuesday began its three-day long deliberations on deciding the key repo rates. The panel will announce, on June 8, its decision whether to hold the rates (which it had done during it’s previous meeting in April) or revise them upwards or cut them. Will the repo rate be increased? Will the GDP target be reviewed? ET NOW’s Ankur Mishra explains the likely decisions. Watch.