New Delhi, April 29 -- The Reserve Bank of India's Monetary Policy Committee (MPC) is likely to maintain current policy rates through the fiscal year as concerns over economic growth outweigh risks from inflation, according to a report by Crisil Intelligence.

The report stated that the downside to growth is a bigger concern than upside risks to inflation in the current environment.

It noted that producers are bearing the brunt of higher energy and input costs, while the government has limited the increase in retail energy prices, thereby containing inflation at the consumer level.

"Our base case expectation is the Monetary Policy Committee (MPC) would maintain the policy rates this fiscal," the report said, adding that the central bank...