Anubhuti Sahay (for Info only, not official)

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Anubhuti Sahay

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    ...Starting from the October meeting, policy will be set by the six-member MPC which has equal representation from the RBI and the government.Previously, decisions were made by the RBI governor alone.The governor will have the deciding vote in case of a split vote.Fresh guidance on the future direction of monetary policy will be more keenly watched than the specific decision announced next week. ...

    Live Mint on Sept. 28, 2016, 12:58 a.m.