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RBI postpones policy committee meeting due to lack of quorum

Sep 29, 2020 13:38 IST

The Reserve Bank of India has announced to postpone the Monetary Policy Committee meeting.

A major reason for the decision is possibly the three vacant posts of external members that the government has not filled so far. The four-year terms of three external members of the MPC, appointed in 2016, ended last month.

 

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