The meeting of the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) will be held from April 6 to 8. Repo rate will be decided in this meeting. This time it will be important to see whether RBI makes any changes in the repo rate or keeps it unchanged.
Let us tell you that this is the first meeting of the financial year 2022-23, a total of six meetings are going to be held in this whole year. Every time this committee headed by the Governor of the Reserve Bank decides the rates. It announces bi-monthly monetary policy after deliberating on the prevailing domestic and economic conditions.
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The program is like this: The second meeting of the RBI Monetary Policy Committee (MPC) will be held on June 6-8. At the same time, the third, fourth and fifth meetings will be held from August 2 to 4, September 28-30 and December 5-7, respectively. The sixth meeting of the committee will be held from 6 to 8 February-2023. The monetary policy committee, headed by the governor, consists of two representatives from the central bank plus three external members.