The MPC chose to keep the rates unchanged in the meeting but said it would act if the situation warranted so.
Deputy Governors M.K. Jain, Michael Patra, M. Rajeshwar Rao, and other directors of the Central Board, Satish Marathe, S. Gurumurthy, Revathy Iyer, and Sachin Chaturvedi attended the Board meeting.
A clash broke out on the Veer Chand Patel Path - location of their state unit offices - as supporters of BJP and JD(U) attacked each other in which workers of both sides sustained injuries.
When Rajiv Ranjan joined billionaire Anil Ambani's Reliance Asset Reconstruction Company three years ago, he had ambitious plans of making a fortune out of reviving distressed assets across India.