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RBI policy decision before noon on Thursday

On the previous occasion, the RBI had released the policy statement at 2.30 pm.

ETMarkets.com|
Feb 04, 2019, 12.16 PM IST
0Comments
Reserve Bank of India logo is seen at the gate of its office in New Delhi
The reasons are not clear for the change in timing.
The Reserve Bank of India will announce its monetary policy decision before noon on Thursday.

"The Monetary Policy Committee (MPC) will meet during February 5 to 7, 2019, for the Sixth Bi-monthly Monetary Policy Statement for 2018-19. The resolution of the MPC will be placed on the website at 11.45 am on February 7, 2019," the central bank said in a statement on its website.

The reasons are not clear for the change in timing. On the previous occasion, the RBI had released the policy statement at 2.30 pm.


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