FM Nirmala Sitharaman and RBI Governor Shaktikanta Das in Delhi. PTI
New Delhi, March 20
Reserve Bank Governor Shaktikanta Das on Wednesday called on Finance Minister Nirmala Sitharaman, ahead of the central bank’s interest rate-setting panel meeting next month.
The minister separately held a meeting with Sebi Chairperson Madhabi Puri Buch at her North Block office, according to a post by Sitharaman’s Office on X. These meetings come at a time when the industry is pitching for an interest rate cut, and stock markets are witnessing intense volatility. The RBI has held the benchmark interest rate or repo rate at an elevated level of 6.5 per cent since February 2023.
Das-headed Monetary Policy Committee (MPC) is scheduled to meet from April 3-5, the first for the 2024-25 fiscal, in which it is expected to spell out inflation and growth trajectory for the financial year beginning April 1.
Join Whatsapp Channel of The Tribune for latest updates.
Most Read In 24 Hours
Don't Miss
View All
Top News
Drugs worth Rs 600 crore seized from Pakistani boat off Gujarat coast; 14 crew members held
Overnight operation in Arabian Sea was carried out in coordi...
Karnataka CM Siddaramaiah orders SIT probe into 'sex scandal' involving ex-PM Deve Gowda’s grandson
Prajwal Revanna was the NDA candidate in Hassan Lok Sabha co...
Days after putting off India visit, Elon Musk visits China as Tesla seeks self-driving technology rollout
Musk’s visit to China was not flagged publicly
Arvinder Singh Lovely resigns as Delhi Congress chief
Lovely expresses his disagreement with the decision to ally ...
‘India will never bow down’: Defence Minister Rajnath Singh on talks with China
Says India wants to maintain good relations with its neighbo...
