RBI to unveil this fiscal’s first bi-monthly policy decision on Thursday
The Reserve Bank of India (RBI) will unveil on Thursday its first bi-monthly monetary policy decision of this new fiscal.The RBI’s Monetary Policy Committee (MPC) will meet from April 2 to 4 for the first bi-monthly policy statement for 2019-20, the central bank said in a release Monday.”The resolution of the MPC will be placed on the website at 11.45 AM on April 4, 2019,” it said. Industry and experts are expecting that the banking sector regulator may cut the key lending rate — at which it lends to commercial…
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