InvestorQ : Why has RBI decided to postpone the MPC meet by a day?
Rutuja Nigam made post

Why has RBI decided to postpone the MPC meet by a day?

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4 weeks ago
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The upcoming meeting of the Monetary Policy Committee (MPC) has been postponed by a day and it would now be held between 03rd August and 05th August. The original dates for the MPC meeting was 02nd August to 04th August. The reason cited for the decision was administrative exigencies, although no further details were shared by the RBI. Since March, 2022, RBI has raised repo rates by 90 bps and the CRR by 50 bps.

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