RBI Policy
To set up technical consultative committee for financial markets
This story was originally published at 11:06 IST on 7 October 2026
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--RBI Malhotra: To set up technical consultative committee on fincl mkts
--RBI Malhotra: To set up technical committee for fincl market
NEW DELHI – The Reserve Bank of India has proposed to constitute a technical consultative committee for financial markets, against the backdrop of rapidly evolving financial markets and infrastructure. "...in response to the rapidly evolving financial market dynamics, we shall constitute a technical consultative committee for financial markets," the RBI governor Sanjay Malhotra said in his statement after the Monetary Policy Committee announced its decision on policy rates.
The committee will serve as a forum for structured engagement with market participants and stakeholders by the Reserve Bank on policy and operational matters related to money, government securities and foreign exchange markets as well as the respective derivative markets and infrastructure, the central bank said. The composition and the terms of reference for the technical consultative committee shall be separately notified, the RBI said.
The Reserve Bank of India's Monetary Policy Committee Wednesday raised the policy repo rate for the first time in over three years by 25 basis points to 5.50%. The MPC voted unanimously to increase the policy repo rate under the LAF (liquidity adjustment facility) by 25 bps to 5.50%. End
Reported by Vaishali Tyagi
Edited by Deepshikha Bhardwaj
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