Frozen by uncertainty: On RBI and its mandate to ensure price stability
Context
The RBI's Monetary Policy Committee (MPC) kept key interest rates unchanged and retained the accommodative stance in its first policy meeting after Union Budget 2022.
About
Status-quo:
Rationale behind Keeping Policy Rate unchanged:
About Monetary Policy:
Objectives of Monetary Policy:
In India, as defined by former RBI governor C. Rangarajan, broad objectives of monetary policy are:
Further the objectives of Monetary Policy are:
Monetary Policy Tools:
Verifying, please be patient.