RBI’s MPC starts deliberating on next monetary policy

RBI Governor Shaktikanta Das-headed rate-setting panel MPC started its three-day deliberation on the next monetary policy on Monday amid sudden surge in COVID-19 cases and the government’s recent mandate asking the central bank to keep retail inflation around 4 per cent. The Reserve Bank will announce the resolution of the Monetary Policy Committee (MPC) on April 7.RBI Governor Shaktikanta Das-headed rate-setting panel MPC started its three-day deliberation on the next monetary policy on Monday amid sudden surge in COVID-19 cases and the government’s recent mandate asking the central bank to keep retail inflation around 4 per cent. The Reserve Bank will announce the resolution of the Monetary Policy Committee (MPC) on April 7.