Monetary Policy Committee (MPC) has been instituted by the Central Government of India under Section 45ZB of the RBI Act that was amended in 1934. MPC had its first meeting for two days on October ...
The conflicting role that the RBI plays in reining in inflation and, at the same time, being the government’s debt manager, has often been debated. (Reuters) RBI Monetary Policy Committee (MPC ...
In simple terms, the policy rate, also known as the monetary policy rate (MPR), is a key interest rate set by a country's central bank that directly impacts the broader economy. It is the rate at ...