Expect new MPC members to be in place in time: Shaktikanta Das

Reserve Bank Governor Shaktikanta Das anticipates the timely appointment of new external members to the Monetary Policy Committee (MPC) before its scheduled meeting on October 7. The terms of three current external members end on October 4. The MPC, which includes six members, votes on rate decisions, with recent meetings showing dissent over rate cuts versus inflation control.

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