Mumbai (Maharashtra) [India], September 29 (ANI): The Monetary Policy Committee (MPC) of the Reserve Bank of India will begin its three-day meeting today in Mumbai to decide on the policy rates.
The members of the committee will gather to discuss and deliberate on the repo rates and review the prevailing economic conditions before arriving at a decision.
The meeting is scheduled to continue for three days, after which the announcement of the monetary policy outcome will be made on Wednesday, October 1.
The focus of the meeting will be on assessing the current state of the economy and determining whether any changes are required in the key policy rates to support growth while managing inflation.
RBI Governor Sanjay Malhotra will announce the outcome of the meeting on Wednesday at 10 AM.