Saturday, December 13, 2025 | 02:19 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

MPC meeting minutes show controlling inflation now RBI's priority

The central bank earlier this month started to move away from its ultra-loose monetary policy.

RBI Governor Shaktikanta Das
premium

Reuters Mumbai
Almost all members of India's monetary policy committee argued in favour of action to curb inflationary pressures at their April 6-8 meeting despite continuing risks to economic growth, minutes released on Friday showed.

Although it chose to keep its key lending rate at a record low, the Reserve Bank of India said after the meeting that it would shift away from its ultra-loose monetary policy stance to focus on inflation, which has surged due to the Ukraine war.

In a surprise move, the central bank restored its liquidity adjustment facility corridor to pre-COVID-19 levels, which was seen as a first

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)