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 October ...

On Wednesday, the monetary policy committee of RBI cut its main policy rate and shifted to a dovish stance. Given high levels of economic uncertainty, this isn’t the end of the story.

The major participants in the decision-making process are the Governing Council, the Monetary Policy Review Committee (MPRC) and the four economics departments at the Bank. The Governing Council, ...

The Monetary Policy Committee (MPC) also unanimously decided to shift its policy stance from 'neutral' to 'accommodative.' ...