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April 2024 RBI MPC minutes concerned about food inflation indiainfoline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiainfoline.com Daily Mail and Mail on Sunday newspapers.
Jayanth Varma, the dissenting member of the Reserve Bank of India s policy committee, argued that high interest rates impede investments and called for a shift in the policy stance. Shashanka Bhide emphasised the importance of focusing on the inflation target for supporting growth. ....
MPC member warns against high real interest rate, calls for cautious approach to inflation and growth thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
All six members of the Reserve Bank of India s (RBI s) monetary policy committee (MPC) expressed caution over food inflation during the December review, while two external members warned about high real interest rates as headline inflation approaches its target of 4 per cent.
The central bank continued to maintain the status quo on both the repo rate and the stance in the December monetary policy.
India s retail inflation in November rose to 5.5 per cent - its fastest pace in three months - due to higher food prices. ....
The country's Monetary Policy Committee (MPC) has underlined the need to keep a close watch on the upside risk to inflation emanating from uncertainty over food prices, according to the minutes of the December meeting which were released on . ....