Shaktikanta Das-headed Monetary Policy Committee (MPC) conducted its three-day meeting on April 3, April 5 and April 6 amid the rate hiking spree that started in May last year.
Five out of six members of MPC voted to remain focused on withdrawal of accommodation to ensure inflation aligns with target while focusing on growth, RBI Governor Shaktikanta Das said on Thursday. The Monetary Policy Committee of the central bank decided to take a pause after a rate hike seen in previous six consecutive policies.
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