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RBI to announce mid-quarter monetary policy on 20 Sept

RBI Govenor Dr Raghuram Rajan will announce monetary policy on September 20 instead of September 17 as earlier scheduled

September 05, 2013 12:10 IST | India Infoline News Service
The Reserve Bank of India (RBI) has decided to postpone its mid-quarter review of monetary policy which was originally scheduled on 17 September.

RBI Govenor Dr Raghuram Rajan will announce monetary policy on September 20 instead of September 17 as earlier scheduled.

“We will be making the first monetary policy statement of my term on September 20. I have postponed the originally set date a bit so that between now and then, I have enough time to consider all major developments in the required detail,” Rajan added.

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