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RBI announces dates of monetary policy committee meetings in FY21
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Mumbai: The Reserve Bank of India (RBI) on Monday notified the dates of its upcoming monetary policy committee (MPC) meetings in FY21.
According to a central bank statement, its rate-setting committee will meet on 3-5 June, 4-6 August, 29-30 September and 1 October, 2-4 December and 3-5 February. “As per Section 45ZI (1) and (2) of Reserve Bank of India Act, 1934, the Reserve Bank is required to organise at least four meetings of the Monetary Policy Committee in a year and the meeting schedule of the Monetary Policy Committee for a year shall be published at least one week before the first meeting in that year," said RBI.
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