Curbing inflation becomes RBI’s immediate concern: Minutes of the April RBI MPC meeting released
Concerns about surging inflation amid the hostilities between Russia and Ukraine formed the predominant thread at the monetary policy committee’s (MPC) April meeting, showed the minutes released on Friday. Members of the RBI’s rate-setting panel did acknowledge the geopolitical risks to growth, but chose to prioritise inflation as the more proximate concern. The MPC turned …