The Reserve Bank of India is widely expected to keep rates steady when its two-day monetary policy committee meeting concludes on Friday. More on top stories of the day.
New members give RBI's MPC dovish tilt; to hold rates on Oct 9: Analysts
New members give RBI's MPC dovish tilt; to hold rates on Oct 9: Analysts
The addition of three new members – Jayanth Varma, Ashima Goyal and Shashanka Bhide – to the Reserve Bank of India’s monetary policy committee (MPC) lends a dovish tilt to the central bank’s think tank on policy, say analysts, who feel it may keep rates unchanged in the policy review later this week. On Monday, the