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RBI Monetary Policy 2024 Live Streaming: When and how to watch RBI Governor's MPC address online

Upstox
By Upstox News Desk

2 min read | Updated on October 08, 2024, 15:29 IST

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SUMMARY

RBI Governor Shaktikanta Das, who is also the chairman of the MPC, will declare the monetary policy statement, including repo and reverse repo rates, at 10 am on Wednesday, October 9.

RBIgovdas.webp

The RBI has kept the repo rate unchanged at 6.5% since February 2023.

RBI Monetary Policy Meeting 2024: The reconstituted six-member rate-setting panel of the Reserve Bank of India (RBI) led by Governor Shaktikanta Das will announce the decision of the Monetary Policy Committee (MPC) meeting on Wednesday, October 9.

The panel started deliberations on monetary policy on Monday amid expectations of no change in interest rates, given inflation concerns and the risk of an ignition in the Middle East crisis that could pump commodity prices.
RBI Governor Shaktikanta Das, who is also the chairman of the MPC, will declare the monetary policy statement, including repo and reverse repo rates, at 10 am on October 9.

When and how to watch RBI governor Shaktikanta Das' MPC address online?

The MPC meeting outcome will be live streamed on the official Youtube channel of the RBI. One can also watch the address on the banking regulator's Twitter and Facebook pages.

RBI Monetary Policy meeting: Members

Last week, the government appointed three new members to the Monetary Policy Committee (MPC). Saugata Bhattacharya, Ram Singh, and Nagesh Kumar will replace Shashanka Bhide, Jayanth R Varma, and Ashima Goyal as MPC's external members.

Also Read: RBI finds irregular practices in gold loans, asks lenders to review policies, monitor portfolio

Apart from Governor Das, the other internal members are the RBI Deputy Governor in charge of monetary policy, Michael Debabrata Patra, and the Executive Director of the RBI monetary policy department, Rajiv Ranjan.

The RBI has kept the repo rate unchanged at 6.5% since February 2023. Experts believe the MPC might refrain from rate cuts until the December meeting.

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