RBI Act Amended: New Chapter III F (Sections 45Z-45O) Targets Monetary Policy for Price Stability in Complex Economy.

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....AMENDMENTS TO THE RESERVE BANK OF INDIA ACT, 1934 - Insertion of new Chapter III F - MONETARY POLICY - to insert a new Chapter IIIF in the Act consisting of sections 45Z to 45-O relating to monetary policy to meet the challenge of an increasingly complex economy and to maintain price stability.....