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India Infoline News Service / 16:36, Oct 05, 2018
The RBI in its fourth Monetary Policy Committee meeting of FY19 kept the key rate unchanged at 6.5% and changed stance to "calibrated tightening."
India Infoline News Service / 14:51, Oct 05, 2018
Monetary Policy Committee (MPC) decided to keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.5%.
Urjit R. Patel
Urjit R. Patel is an Indian economist, consultant and banker, currently serving as Deputy Governor of the Reserve Bank of India (RBI). As Deputy Governor of RBI, he looks after monetary policy, economic policy research, statistics and information management, deposit insurance, communication and Right to Information. On 20 August 2016, he was named as the governor of RBI.