Mpc Minutes

RBI monetary policy meeting minutes: Governor Urjit Patel for avoiding premature policy action

It was for the first time in its five meetings that one of the members of the Monetary Policy Committee (MPC) differed from the majority view on the policy rate

Economy to pick up in Q4 due to faster remonetisation: Urjit Patel

Patel, during the two-day Monetary Policy Committee meeting on February 7-8, also said that shifting monetary policy stance from accommodative to neutral will provide sufficient flexibility to move the policy rate in either direction.