Reserve Bank of India (RBI) Governor Shaktikanta Das will announce the policy decision today, at the end of the scheduled Monetary Policy Committee (MPC) review that began on Monday, in the middle of ‘a surge in coronavirus cases and the imposition of new restrictions to reduce the second wave of COVID-19 in India. This will be the first bi-monthly monetary policy review for the new fiscal year 2021-2022, as the country looks at another looming economic crisis, driven by the sharp rise in active COVID-19 cases. Even though the country has recorded more than 8.4 crore of COVID-19 vaccine doses cumulatively, as of April 6, a partial lockdown in some states and an overnight curfew in the nation’s capital has been announced to prevent the spread of the virus. . Experts believe the central bank will maintain the status quo on key rates, but may revise inflation projections.
Here are all the live updates from the Monetary Policy Committee meeting chaired by RBI Governor Shaktikanta Das:
RBI LIVE Monetary Policy: RBI Governor to Deliver Monetary Policy Speech at 10:00 a.m.
Reserve Bank of India (RBI) Governor Shaktikanta Das will present the monetary policy review statement at 10 a.m. today. The governor of the central bank will also give a press conference on the pot policy at noon
RBI Monetary Policy Live Updates: RBI Monetary Policy Decision Today
Reserve Bank of India (RBI) Governor Shaktikanta Das to make the Monetary Policy Committee’s (MPC) first bi-monthly statement today on the new fiscal year 2021-2022