Reserve Bank of India(RBI) Governor Shaktikanta Das will make a statement today at 2 pm, the central bank alerted via its social media handles.
The Governor's unscheduled briefing unsettled the market that is awaiting a 50 bps rate hike from US central bank, Federal Reserve later tonight.
RBI's statement comes as inflation has been running above the central bank's 'tolerance' range for over 3 months now.
RBI's new credit card rules | Here's all you need to know
The last time the RBI made an out of turn statement was at the peak of the first lockdown in 2020.
Also Watch: