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This announcement by Shaktikanta Das comes after the three-day meeting of the six-member Monetary Policy Committee (MPC) of RBI which ends today. Moreover, this is the first meeting of the RBI MPC after three new external members were appointed by the government to the panel.
The Reserve Bank of India (RBI) on Wednesday kept its key interest rate unchanged, as widely expected, but cut its policy stance to “neutral”, keeping interest rates on hold amid early signs of a growth slowdown in the economy. The way for reduction opened.
This announcement by Shaktikanta Das comes after the three-day meeting of the six-member Monetary Policy Committee (MPC) of RBI which ends today. Moreover, this is the first meeting of the RBI MPC after three new external members were appointed by the government to the panel.
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