RBI's MPC to get new external members as current terms expire in October

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The upcoming October meeting is expected to be closely watched by market participants and policymakers alike.

The current panel, comprising Goyal, Bhide, and Varma, met for the first time in October 2020.

The Appointments Committee of the Cabinet (ACC), chaired by the Prime Minister, is responsible for approving the new members.

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Category: BusinessFinance

Markets: India

Topics: Inflationary pressures Repo rate RBI MPC external members MPC Monetary policy Price stability RBI Inflation Monetary Policy Committee Jayanth R Varma Shashanka Bhide Ashima Goyal Reserve Bank of India Shaktikanta Das Economic growth Indian economy New appointments ACC Appointments Committee of the Cabinet CNBC-TV18 Michael Debabrata Patra Rajiv Ranjan External members RBI MPC new members Government of India Financial markets

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Article Type: News Report

Published On: 2024-08-22 @ 16:57:42 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 407 words

Reading Time: 3 minutes read

Sentences: 17 lines

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Copyright Owner: © Business Standard

News ID: 22207385

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