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Monetary Policy Committee (MPC)

News and Press Release - Dated:- 18-11-2016 - The Government has appointed all Members of the . The Monetary Policy Committee(MPC) of the Reserve Bank of India (RBI) has been constituted by the Central Government in accordance with the provisions of .....

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in charge of Monetary Policy-Member, ex officio (iii) One officer of the Reserve Bank of India to be nominated by the Central Board-Member, ex officio; (iv) Shri Chetan Ghate, Professor, Indian Statistical Institute -Member; (v) Professor Pami Dua, .....

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or until further orders, whichever is earlier. MPC has tasked with deciding benchmark interest rates. The MPC is entrusted with the task of fixing the benchmark policy rate (repo rate) required to contain inflation within the specified target level, .....

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