RBI releases FY25 schedule for meetings of Monetary Policy Committee

The meeting schedule for the second half of the next financial year is as follows – October 7-9, December 4-6 and February 5-7, the RBI said. The six-member MPC is the rate-setting panel of the central bank, comprising three RBI officials and three external members. After raising interest rates by a cumulative 250 basis points from May 2022 to February 2023, the MPC has maintained a status quo on monetary policy. END Read The Rest at :