[ad_1]
RBI MPC Meeting: The Reserve Bank of India has announced the dates of when the Monetary Policy Committee will meet during the next financial year. Releasing its full schedule, RBI has informed that the MPC meeting of RBI will be held six times during the next financial year. According to this, during the next financial year, the bi-monthly MPC meeting of RBI will be held in April, June, August, October, December and February 2024.
The first MPC meeting of the financial year 2023-24 will be held in the next month i.e. April
The first MPC meeting of the financial year 2023-24 will be held during April 3-6. For this time, financial experts believe that this time the RBI will not increase the rates, but due to the continuous increase in the interest rates of the US Federal Reserve, there will be pressure on the RBI and it may have to take a tough decision on the interest rates.
year 2023RBI’s MPC meeting dates for -24
April 3, 5 and 6, 2023
June 6-8, 2023
August 8-10, 2023
October 4-6, 2023
December 6-8, 2023
February 6-8, 2024
This monetary policy committee of the Reserve Bank is chaired by the RBI governor and two representatives of the central bank are in it, along with three external members also attend the MPC meeting. In the three-day meeting of RBI, these five members together review the economic and domestic conditions.
RBI governor said important thing in the last meeting
RBI Governor Shaktikanta Das had said in the last MPC meeting itself that global economic challenges are increasing rapidly and due to this, the central bank will have to adopt a cautious approach in India as well. At the same time, along with the global banking crisis, the process of increasing the rates of the US Federal Reserve is going on. Bank of England, European Central Bank are also supporting this and have recently increased their interest rates. Despite this, policy makers and experts say that the Indian banking system is in good shape.
read this also
[ad_2]
Source link