MPC

News and Trends

RBI Keeps the Repo Rate Unchanged At 6.50 Per Cent

The MPC is a six-member committee comprising Das, Rajiv Ranjan, Ashima Goyal, Shashanka Bhide, Jayanth Varma, and Michael Patra, which held meetings on the 3rd, 5th and 6th of April 2023. The decision to keep the repo rate was a unanimous one.

News and Trends

RBI Hikes Repo Rate By 25 Basis Points To 6.50 Per Cent

While the central bank has increased rates, it called the Indian economy resilient

News and Trends

RBI's Inflation Mandate Failure Report Cannot Be Made Public: Government

As per reports, an out-of-turn meeting of the monetary policy committee (MPC) of the RBI was held in early November to bat around the report to be sent to the central government for failing to maintain the inflation mandate