Will Rates Be Paused? Shaktikanta Das-Led RBI To Announce Policy Today | Read

PUBLISHED ON: October 9, 2020 | Duration: 1 min, 12 sec

  
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RBI Governor Shaktikanta Das-led Monetary Policy Committee will today reveal its policy decision at the end of talks that began on Wednesday. Most economists expect the central bank to keep policy rates at existing levels as inflation has remained above its comfort zone for five straight months, amid a jump in food prices, despite strategic removal of COVID-19-related restrictions. The RBI's monetary policy panel has three new external members, whose delayed appointment by the government had forced the central bank to postpone its bi-monthly review, originally scheduled for September 29-October 1.
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