The Reserve Bank's Monetary Policy Committee (MPC) will meet six times during the next financial year.
The MPC announces the bi-monthly monetary policy after deliberations on the prevailing domestic and economic situations
The Reserve Bank's Monetary Policy Committee (MPC) will meet six times during the next financial year.
The Reserve Bank of India (RBI) Governor-headed rate setting panel will be holding its first meeting of the next fiscal from April 6-8.
The MPC announces the bi-monthly monetary policy after deliberations on the prevailing domestic and economic situations.
According to the schedule released by the RBI on Wednesday, the first bi-monthly monetary policy of 2022-23 is scheduled for April 6-8, and next will be held during June 6-8.
The third, fourth and fifth meetings have been scheduled for August 2-4, September 28-30, and December 5-7.
The sixth bi-monthly meeting of the MPC is scheduled to be held on February 6-8, 2023.
Headed by the governor, the committee has two representatives from the central bank and three external members.
The central government has tasked the RBI to ensure that inflation remains at 4 per cent with a margin of 2 per cent on the either side. PTI NKD RAM