RBI chief meets finance minister
28 November 2015, Nirapad News: Ahead of the monetary policy review next week, RBI Governor Raghuram Rajan met Finance Minister Arun Jaitley on Friday and discussed various macroeconomic issues. RBI is scheduled to announce its bi-monthly monetary policy review on December 1 and there are expectations that it is likely to keep key policy rates unchanged. “Meeting is always good and cordial,” Rajan said after discussion with the minister in New Delhi. It is understood that the RBI Governor discussed current macroeconomic conditions and the global economic scenario in the wake of an expected US Fed rate hike next month. Policymakers and analysts expect that RBI is likely to maintain status quo as retail inflation is high and there is possibility of a Fed rate hike during December.