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Urjit Patel's First RBI Policy Today

Written By Indiagreat .in on Tuesday, 4 October 2016 | 08:50:00

The Reserve Bank of India will hold its monetary policy review today, with the newly formed Monetary Policy Committee (MPC) fixing interest rates for the first time. This will be also the first policy of Urjit Patel, who assumed charge of the RBI last month from Raghuram Rajan.

Market players will be keenly observing Dr Patel's views as he has made no public appearances since becoming governor on September 4. They will also closely scrutinize how the panel members vote, trying to spot the doves and hawks among the six panel members.
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