Business Standard

RBI's MPC to meet 6 times next fiscal; first meeting scheduled for Apr 6-8

The MPC announces the bi-monthly monetary policy after deliberations on the prevailing domestic and economic situations

RBI, Reserve Bank of India

Photo: Shutterstock

Press Trust of India Mumbai
The Reserve Bank's Monetary Policy Committee (MPC) will meet six times during the next financial year.
The Reserve Bank of India (RBI) Governor-headed rate setting panel will be holding its first meeting of the next fiscal from April 6-8.
The MPC announces the bi-monthly monetary policy after deliberations on the prevailing domestic and economic situations.
According to the schedule released by the RBI on Wednesday, the first bi-monthly monetary policy of 2022-23 is scheduled for April 6-8, and next will be held during June 6-8.
The third, fourth and fifth meetings have been scheduled for August 2-4, September 28-30, and December 5-7.
The sixth bi-monthly meeting of the MPC is scheduled to be held on February 6-8, 2023.
Headed by the governor, the committee has two representatives from the central bank and three external members.
The central government has tasked the RBI to ensure that inflation remains at 4 per cent with a margin of 2 per cent on the either side.

(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.)

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Mar 30 2022 | 4:16 PM IST

Explore News