Arjuna's eye, Lata Mangeshkar, Gandhi: RBI governor is a quote hunter’s delight
RBI monetary policy committee (MPC): The six-member monetary policy committee (MPC) headed by Shaktikata Das raised the key lending rate or the repo rate by 35 basis points to 6.25 per cent.
December 09, 2022 / 07:33 AM IST
The Reserve Bank of India monetary policy committee (MPC) has raised policy repo rate by 35 basis points to 6.25 percent with immediate effect. RBI Governor Shaktikanta Das on December 7 announced that five out of six members of the MPC opted to go for a hike in the rate during the meeting. Here's what RBI Governor announced at MPC briefing.
Reserve Bank of India (RBI) Governor Shaktikanta Das, who presents the monetary policy statement every two months, is known to quote prominent personalities or offer a punchline to convey his message on the state of the economy. The six-member monetary policy committee (MPC) headed by Das raised the key lending rate or the repo rate by 35 basis points to 6.25 per cent. During his speech, Das said, “We will keep an Arjuna’s eye on inflation and we will be ready to act. Our actions will be nimble.”
This is not the first time he has delivered a memorable line during the monetary policy statement presentation.
Here are four memorable quotes by RBI Governor Shaktikanta Das: