With the government appointing three members on the Monetary Policy Committee (MPC), the Reserve Bank on Tuesday said the next meeting of the rate-setting panel will be held for three days beginning October 7.
On September 28, the RBI had postponed the meeting of the MPC, which must have a quorum of four, as the appointment of independent members was delayed.
“The next meeting of the Monetary Policy Committee (MPC) is scheduled from October 7 to October 9, 2020,” it said in a statement. The government has appointed three eminent economists Ashima Goyal, Jayanth R Varma and Shashanka Bhide as members of the MPC.
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