RBI appointments clear way for delayed MPC meeting
Three new officials will start setting Indian monetary policy this week
The Indian government has named three new members of the central bank’s monetary policy committee, allowing a delayed MPC meeting to be rescheduled for this week.
Two macroeconomists, Shashanka Bhide and Ashima Goyal, will join the MPC alongside finance professor Jayanth Varma, the government announced on October 5.
The Reserve Bank of India put out a statement today (October 6) saying the MPC meeting would now be held from October 7–9. The meeting was postponed last week just a day before it
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