The Reserve Bank of India (RBI) Governor Sanjay Malhotra will announce the policy rates today at 10 AM in Mumbai as the three-day monetary policy committee (MPC) meeting will conclude.The meeting, which began on August 4, was held to review the repo rates and determine the central bank’s policy stance for the upcoming months.
The six-member Monetary Policy Committee is headed by the RBI Governor and comprises three officials from the central bank and three external members nominated by the Government of India.
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