Monetary Policy Committee of RBI reconstituted with new members

New Delhi [India], October 2 (ANI): The central government has reconstituted the Monetary Policy Committee (MPC) under the provisions of the Reserve Bank of India (RBI) Act, 1934, the Ministry of Finance said in a statement.

The government issued a notification on October 1 with the newly included names of the members of the MPC.

The six-member MPC is responsible for setting policy interest rates and framing monetary poli