RBI Governor Urjit Patel with RBI Executive Director M D Patra at a press conference in Mumbai after the monetary policy review meeting (Photographer: Shashank Parade/PTI) 

An Eventful Year For Monetary Policy: In RBI’s Michael Patra’s Words

The October review by the Monetary Policy Committee (MPC) marked a year since India moved away from a framework driven by the Reserve Bank of India to one driven by a six-member panel. The first me...

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