Post-Budget 2019, focus on monetary policy panel's first meet on repo rate, CRR
After the massive giveaways to farmers and major tax rebate to the middle class in the interim Budget 2019, all eyes are on the first meeting of Monetary Policy Committee to see if there will be any downward revision of the repo rate and CRR to ease pressure on banks.
This will be the first meeting (February 4-6) of the MPC chaired by new Reserve Bank of India (RBI) governor Shaktikanta Das. Image source: PTI