Monetary Policy Committee (MPC) under RBI ACT 1934 Constituted
Government initiates process to constitute Monetary Policy Committee (MPC) under the Reserve Bank of India Act, 1934 Government decides to bring the provisions of amended RBI Act regarding constitution of MPC into force on 27th June, 2016 so that statutory basis of MPC is made effective; Rules governing the procedure for Selection of Members of… Read More »