RBI says MPC met to draft letter to Govt on missing inflation target - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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RBI says MPC met to draft letter to Govt on missing inflation target

“A separate meeting of the Monetary Policy Committee was held on November 3 to discuss and draft the report to be sent to the Government by the Reserve Bank of India under the provisions of Section 45ZN of the RBI Act, 1934 and Regulation 7 of RBI MPC and Monetary Policy Process Regulations, 2016,” the regulator said in a short statement.

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