RBI monetary policy meeting

RBI monetary policy meeting postponed, new date will be announced soon

The Reserve Bank of India (RBI) on Monday said it has decided to postpone the meeting of the Monetary Policy Committee (MPC) to be held this week and new dates will be announced soon. The central bank, however, did not give any reason for postponing the meeting.

 RBI's bi-monthly monetary policy review was to begin on Tuesday, which would last for three days. During this period, mainly interest rates were to be decided.