MPC will reassess growth-inflation dynamics at next meeting: RBI Governor
On inflation, RBI Governor Sanjay Malhotra said the rising crude oil prices will have an impact but it will depend on how much is passed through
On inflation, RBI Governor Sanjay Malhotra said the rising crude oil prices will have an impact but it will depend on how much is passed through

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Reserve Bank's Monetary Policy Committee (MPC) will reassess growth and inflation dynamics at its meeting next month amid rising prices of crude oil due to the ongoing West Asia crisis, Governor Sanjay Malhotra said on Friday. In an interview to CNBC-TV18, the governor also said nearly 50 per cent of the Foreign Currency Non-Resident (Bank), or FCNR(B) deposits, mobilised under the forex swap facility is for 5-year tenor. The inflows under the FCNR (B) deposits totalled USD 127.22 billion in th…