New Delhi, Aug. 6 -- The Reserve Bank of India (RBI) governor Sanjay Malhotra addressed the media after the end of the monetary policy committee (MPC) meeting on Wednesday, discussing key issues such as inflation, growth, tariff, and credit growth. The six-member MPC voted unanimously to keep the repo rate unchanged at 5.5% and maintain the policy stance at 'neutral', amid tariff uncertainties. Mint takes a look at the key issues discussed by Malhotra and his deputies and the context behind these issues.
The MPC revised its FY26 consumer price inflation projection downward from 3.7% to 3.1%. However, it said it expected headline inflation to rise above 4% in Q4 FY26 and beyond. Malhotra said that the MPC will keep a close watch on incomi...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.