Financial Coverage Committee: RBI releases FY25 schedule for conferences of Financial Coverage Committee
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The Reserve Financial institution of India on Wednesday detailed the schedule for conferences of the Financial Coverage Committee (MPC) for the subsequent monetary 12 months, with the primary such three-day assembly to be held from April 3-5.
The subsequent assembly will likely be held from June 5-7 whereas the August assembly is scheduled from the sixth to the eighth of that month.
The assembly schedule for the second half of the subsequent monetary 12 months is as follows – October 7-9, December 4-6 and February 5-7, the RBI stated.
The six-member MPC is the rate-setting panel of the central financial institution, comprising three RBI officers and three exterior members. After elevating rates of interest by a cumulative 250 foundation factors from Could 2022 to February 2023, the MPC has maintained a establishment on financial coverage.(Now you can subscribe to our Financial Occasions WhatsApp channel)
