Mumbai: The government has reconstituted the Reserve Bank of India’s Monetary Policy Committee (MPC), notifying the new members on 1 October. The MPC consists of six members, three of whom are ...

The MPC delivered a larger-than-expected 50-bp rate cut in June to bolster economic growth as inflation remained below target. "Interest rates transmission also works through a transfer of disposable ...

The central government has reconstituted the Monetary Policy Committee (MPC) under the provisions of the Reserve Bank of India (RBI) Act, 1934, the Ministry of Finance said in a statement.

The Reserve Bank of India is approaching a crucial interest rate decision with uncertainty looming as the contracts of three external members of its monetary policy committee expire on October 4.

Saugata Bhattacharya is the lone MPC Member who voted for a more modest 25 basis points (bps) cut in the repo rate during the ...

India’s monetary policy committee is expected to lay groundwork for an interest rate cut amidst global easing trends and slowing economic growth. With new committee members, focus will be on ...

Economist Nagesh Kumar, external member of the RBI’s Monetary Policy Committee, on why food inflation is more manageable this ...

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The contracts of three external members of the Reserve Bank of India’s monetary policy committee will expire on October 4, just days before the MPC is expected to meet and make its rate decision ...

Saugata Bhattacharya, member of the RBI's Monetary Policy Committee. L ast October, the government selected three new members—Saugata Bhattacharya, Ram Singh, and Nagesh Kumar—to join the ...

The Reserve Bank of India’s monetary policy committee voted Friday to lower the benchmark repo rate to 5.50% from 6.00%, delivering a deeper cut than the 25-basis-point move economists had ...