India GDP growth projected at 7.2% for FY23: RBI Governor
In the last 11 meetings, the MPC left interest rate unchanged and also maintained an accommodative monetary policy stance
In the last 11 meetings, the MPC left interest rate unchanged and also maintained an accommodative monetary policy stance
This is the tenth consecutive time since the rate remains unchanged.
The meeting of the panel is significant since it comes only days after PM Modi conducted a high-level discussion with officials on the subject.
The government has approved the reappointment of Shaktikanta Das as Governor of the Reserve Bank of India for a period of three years.
Shaktikanta Das' term as governor of the Reserve Bank of India (RBI) was extended for another three years by the government.
<p>The Reserve Bank will announce its final bi-monthly monetary policy review for the financial year 2020-21 today. The meeting of the six-member Monetary Policy Committee headed by RBI Governor Shaktikanta Das will conclude this morning with the policy announcement scheduled for 10 a.m. Mr. Das is also scheduled to address a press conference at 12 […]</p>
<p>RBI Governor Shaktikanta Das announced on Friday that the Monetary Policy Committee had voted unanimously to keep the repo rate unchanged at 4 per cent. Das made the announcement on the sidelines of the bi-monthly monetary policy review. Experts had expected that stubborn retail inflation, which has remained above the comfort level of the RBI […]</p>