India’s Central Bank Panel to Announce Rate Decision This Week
(Bloomberg) -- The Reserve Bank of India's new rate-setting panel will announce its much-delayed policy decision on Friday.
The Monetary Policy Committee will meet from Oct. 7-9, the RBI said in a statement Tuesday. The rate decision was originally scheduled for Oct. 1 but was abruptly delayed possibly due to three vacancies on the panel.
The government late on Monday announced the new policy makers -- Ashima Goyal, Jayanth R Varma and Shashanka Bhide -- who will join three RBI officials on the panel, led by Governor Shaktikanta Das.
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