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Gulfbusiness.com on MSNIndia’s central bank delivers first rate cut in nearly 5 yearsThe Reserve Bank of India (RBI) cut its key repo rate for the first time in nearly five years on Friday and signalled a less ...
Monetary Policy Committee (MPC) has been instituted by the Central Government of India under Section 45ZB of the RBI Act that was amended in 1934. MPC had its first meeting for two days on ...
The monetary policy committee, which included three RBI officials and an equal number of new external members, voted five-to-one to keep the benchmark repurchase or repo rate - which governs the ...
India’s CPI inflation is due to increase to around 6 percent by June 2018 and from thereon glide down to around 4.5 percent by March 2019. However, the monetary policy will decidedly be on the ...
The Reserve Bank of India (RBI) has postponed the meeting of the Monetary Policy Committee (MPC ... it’s likely because the new members of the MPC haven’t been announced yet.
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