Raising concerns over the impact of the reduction in fuel prices on inflation, the RBI governor said the “Two months ago the elephant in the room was inflation, and that elephant has now gone for a walk in the forest and we hope it remains there.”
RBI MPC 2023 latest: The central bank has proposed to hike the limit of UPI transactions in hospitals and educational institutions to Rs 5 lakh, says Governor Shaktikanta Das.
RBI MPC meet 2022: The MPC is expected to hike the policy rate from 5.90 per cent currently as inflation is above the central bank’s tolerance band, 2-6 per cent.