logo
 
Mumbai: RBI’s Monetary Policy Committee’s (MPC) three-day meeting will begin today, June 6 in Mumbai to announce the bi-monthly policy on Thursday. The MPC is meeting in the backdrop of the decline in retail inflation to 4.7 percent which came down below 5 percent after 18 months. 

According to the experts, the 6 member committee headed by RBI Governor Shaktikant Das is likely to maintain the status



quo about the key rates even after the ease in retail inflation to continue the declining trend. RBI is expecting inflation to lower further in this month. After the last MPC meet RBI had paused its rate hike trend by keeping the repo rate at 6.5%. This will be the first MPC meeting after the announcement of the withdrawal of the 2000 rupee note from circulation by the apex bank.




No Comments For This Post, Be first to write a Comment.
Leave a Comment
Name:
Email:
Comment:
Enter the code shown:


Can't read the image? click here to refresh

Todays Epaper

English Weekly

neerus indian ethnic wear
Latest Urdu News

Which cricket team will win the IPL 2024?

Rajasthan Royals
Kolkata Knight Riders
Lucknow Super Giants