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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 ...
According to a Moneycontrol poll of 21 economists, treasury heads and fund managers, the monetary policy committee will likely cut repo rate by 25 basis points ...
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.
With inflation no longer a near-term concern for the RBI and with the MPC’s focus being on supporting growth, especially with ...