RBI postpones MPC meeting
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The RBI has postponed the meeting of its interest rate setting Monetary Policy Committee (MPC) by a day to August 3 due to administrative exigencies. The RBI said the decision of the MPC will be known on August 5 as against the earlier schedule of August 4. “Due to administrative exigencies, it has been decided to reschedule the MPC meeting from August 2-4, 2022 to August 3-5, 2022,” the RBI said on Thursday.
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