Reserve Bank of India, RBI, will today announce its third bi-monthly policy review of current fiscal. As a preparatory to announcing the policy review, a two-day meeting of six member Monetary Policy Committee, MPC, of RBI headed by its Governor Urjit Patel begun yesterday in Mumbai.The meeting's outcome to be announced today is being keenly awaited by all stakeholders including industry and stock markets. The panel, in its previous bi-monthly review in June, had retained the repo rate at 6.25 per cent for the fourth straight time citing risk to inflation.