RBI Guv Urjit Patel calls on FM Jaitley

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Reserve Bank Governor Urjit Patel on Thursday called on Finance Minister Arun Jaitley here and is believed to have discussed the prevailing economic situation. It was Patel’s first meeting with the Finance Minister after being appointed as the Governor. The next monetary policy review is on October 4 ‘when we will talk’, Patel told reporters after the meeting. The meeting assumes significance as the Government has to appoint its 3 nominees on the six member MPC which will determine interest rate keeping in view that inflation stays within the given target of 4 per cent, with a margin of 2 per cent on the either side.

Daily Pioneer
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