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Bring all RBI instruments under MPC

While the responsibility of the RBI’s monetary policy lies with its MPC, the committee’s powers are limited as most instruments are outside its remit. Apart from the MPC, RBI’s internal management and the Central Board take decisions which impact the monetary system

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​ While the responsibility of the RBI’s monetary policy lies with its MPC, the committee’s powers are limited as most instruments are outside its remit. Apart from the MPC, RBI’s internal management and the Central Board take decisions which impact the monetary system While the responsibility of the RBI’s monetary policy lies with its MPC, the committee’s powers are limited as most instruments are outside its remit. Apart from the MPC, RBI’s internal management and the Central Board take decisions which impact the monetary system  Moneycontrol Latest News Read More  

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