Uncertainties over the impact of the United States' (US') tariffs on India, along with the ongoing transmission of past rate cuts, prompted the members of the Reserve Bank of India's Monetary Policy Committee (MPC) to maintain the status quo during the August meeting, the minutes showed.
While some of the external members highlighted their concern over growth, the internal members cited the one-year headline inflation rate overshooting the 4 per cent target.
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on Thu, 21 Aug 2025 13:14:24 +0530
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Tags: RBI's mpc minutes: Status quo in August hinged on tariffs, rate-cut outcome
