The bi-monthly meeting of the monetary policy committee began on February 8 and will end on February 10, when the Governor of the Bank of India Shaktikanta Das will announce his decision. What is expected this time? The level setting panel is likely to indicate the departure from what is…
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The Monetary Policy Committee (MPC) on December 8 retained the crucial lending rate, repo, at 4 percent, and maintained its station as” friendly” Repo is the rate at which the Reserve Bank of India lends short- term finances to banks. This is the ninth successive policy meeting where the rate…