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An out-of-turn meeting of the Monetary Policy Committee (MPC) of the Reserve Bank of India was held to discuss and draft the report to be sent to the central go
Get latest articles and stories on Business at LatestLY. The meeting was called on Thursday under Section 45ZN of the Reserve Bank of India (RBI) Act 1934, which pertains to steps to be taken if the central bank fails to meet its inflation-targeting mandate. Business News | RBI Holds Meeting to Discuss, Draft Report on Inflation Mandate Failure.
To support the economic recovery, the six-member Monetary Policy Committee of the Reserve Bank of India had unanimously voted to retain the repo rate at its last meeting.
To support the economic recovery, the six-member Monetary Policy Committee of the Reserve Bank of India had unanimously voted to retain the repo rate at its last meeting.However, not all members were in agreement for maintaining the ...
The six-member Monetary Policy Committee of the Reserve Bank of India had unanimously agreed on retaining the repo rate at its last meeting, but not all members favoured continuation of the accommodative stance.