Tag Archives: RBI Monetary Policy Committee

Written by Udit Misra, edited by Explained Desk | New Delhi | Updated: December 7, 2020 8:24:48 am The Governor of the Reserve Bank of India, Shaktikanta Das, at the RBI office in New Delhi (Express Photo / Tashi Tobgyal / Archive) Dear readers, Exactly one year ago, Finance Minister …

Maintaining the status quo for the third time in a row, the Reserve Bank of India decided on Friday to keep the benchmark interest rate unchanged at 4%, but maintained an accommodative stance, implying further rate cuts to come. if the need arises to support the economy hit by the …