RBI's MPC to meet soon; decision of Nov 3 meeting under wraps contrary to law

The proceedings of the said MPC meeting have not been made public even though the law provides to the contrary.

RBI's MPC to meet soon; decision of Nov 3 meeting under wraps contrary to law

The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) is expected to meet soon to decide on the repo rate to contain inflation.

The MPC had met on November 3, to discuss what it would tell the central government on the reasons why it was not able to restrain the inflation.