Future rate cuts possible if inflation evolves as per expectations: RBI Governor Shaktikanta Das

India Today | Oct 23, 2020 at 5:58 PM
  • RBI on Friday released the minutes of the Monetary Policy Committee (MPC).
  • As per the RBI’s assessment, the full-year GDP is expected to contract by 9.5 per cent with a strong rebound in 2021.
  • Members of the MPC, namely Dr Shashanka Bhide, Dr Ashima Goyal, Prof Jayanth Varma, Dr Mridul Saggar, Dr Micheal Debabrata Patra and Shaktikanta Das, voted in favour of keeping the policy repo rate unchanged at 4.0 per cent during the MPC meet.