Financial Coverage Committee: RBI releases FY25 schedule for Financial Coverage Committee conferences
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Wednesday’s dates are for the subsequent monetary 12 months, with conferences scheduled all the best way until February, subsequent 12 months. The second assembly will probably be held from June 5-7 whereas the subsequent assembly is scheduled between August 6-8.
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, based on the RBI’s announcement.
The RBI’s MPC is answerable for fixing the benchmark rate of interest, with conferences held a minimum of 4 occasions a 12 months, as soon as every quarter. After elevating rates of interest by a cumulative 250 foundation factors between Could 2022 to February 2023, the MPC has maintained a established order on financial coverage.
