MARKETS

BSE Prices delayed by 5 minutes... Prices as on Jul 20, 2018   ABB India 1139.5 [ -1.62% ]ACC 1292.4 [ 1.41% ]Ambuja Cements Ltd. 194.25 [ 0.62% ]Asian Paints Ltd. 1396.9 [ -0.18% ]Axis Bank Ltd. 534.45 [ 1.36% ]Bajaj Auto Ltd. 2841.1 [ -8.73% ]Bank of Baroda 120.95 [ 0.67% ]Bharti Airtel 345.55 [ 0.14% ]Bharat Heavy Ele 67.55 [ 1.81% ]Bharat Petroleum 389.45 [ -2.21% ]Britannia Ind. 6353.85 [ -0.35% ]Cairn India Ltd. 285.4 [ 0.90% ]Cipla 625.7 [ 2.40% ]Coal India 263.15 [ 0.63% ]Colgate Palm. 1124.3 [ -0.02% ]Dabur India 373.1 [ -0.45% ]DLF Ltd. 170.75 [ 0.38% ]Dr. Reddy's Labs 2055.6 [ 1.22% ]GAIL (India) Ltd. 359.25 [ 0.57% ]Grasim Inds. 936.85 [ 0.11% ]HCL Technologies 996.15 [ 1.24% ]HDFC 1975.2 [ -0.71% ]HDFC Bank 2190.1 [ 0.20% ]Hero MotoCorp 3373.15 [ -2.48% ]Hindustan Unilever L 1656.2 [ 0.49% ]Hindalco Indus. 195.95 [ -1.16% ]ICICI Bank 266 [ 1.84% ]IDFC L 44.1 [ -1.12% ]Indian Hotels Co 127.05 [ -1.51% ]IndusInd Bank 1902.3 [ 0.70% ]Infosys 1348.35 [ 2.42% ]ITC Ltd. 273.45 [ 0.20% ]Jindal St & Pwr 183.25 [ 0.22% ]Kotak Mahindra Bank 1333.45 [ -1.24% ]L&T 1269.35 [ 1.10% ]Lupin Ltd. 800.3 [ 0.64% ]Mahi. & Mahi 909.55 [ -0.12% ]Maruti Suzuki India 9386.75 [ -0.02% ]MTNL 14.75 [ 1.03% ]Nestle India 10351.1 [ 0.62% ]NIIT Ltd. 90.8 [ 0.72% ]NMDC Ltd. 95.9 [ 0.21% ]NTPC 155.3 [ 0.52% ]ONGC 157.85 [ -2.20% ]Punj. NationlBak 75.5 [ 0.33% ]Power Grid Corpo 176.2 [ -0.59% ]Reliance Inds. 1128.55 [ 2.23% ]SBI 260.95 [ 0.31% ]Vedanta 202.6 [ -2.74% ]Shipping Corpn. 59.2 [ 0.00% ]Sun Pharma. 559.9 [ 2.72% ]Tata Chemicals 659.85 [ -0.67% ]Tata Global Beverage 238.55 [ 2.08% ]Tata Motors Ltd. 253.4 [ 0.38% ]Tata Steel 503.45 [ 0.74% ]Tata Power Co. 67.85 [ -0.80% ]Tata Consultancy 1995.95 [ 0.73% ]Tech Mahindra Ltd. 659.05 [ 2.66% ]UltraTech Cement 3884.25 [ 0.63% ]United Spirits 566.8 [ 0.85% ]Wipro Ltd 283.05 [ -0.77% ]Zee Entertainment En 515.6 [ -0.94% ]

News Details

You can view in detail.
MPC to continue with 3-day format for monetary policy meet 11/07/2018 10:56

The Reserve Bank today said it will continue with the three-day meeting format of the Monetary Policy Committee (MPC) which decides on the key interest rate.

The MPC, headed by RBI Governor Urjit Patel, used to meet for two-days, but last the meeting was stretched to three days owing to "certain administrative exigencies".

The central bank said in a statement that the MPC "has decided to continue the practice of a three-day meeting format commencing on July 30, 2018 as was adopted in the meeting for the Second Bi-monthly Monetary Policy Statement of June 6, 2018".

However, RBI did not assign reasons for changing the format to three-day meeting.

As per the earlier schedule, the MPC was to meet for two days beginning July 31.

The Third Bi-monthly Monetary Policy Statement for 2018-19 will be issued on August 1, 2018, RBI said.

The MPC was set up by amending the Reserve Bank of India Act, 1934, through the Finance Act 2016.

The first meeting of the MPC was held in October 2016. Prior to setting up of the MPC, the RBI Governor used to decide the interest rate.

LOAD MORE