RBI Governor Sanjay Malhotra is set to announce a key rate decision in a press briefing slated to begin at 10 am on Wednesday, October 1. Most economists expect no change in the repo rate — the key interest rate at which the RBI lends short-term funds to commercial banks — in this review, just like it did in August.
Two-thirds of the economists polled by Zee Business expect a status quo while maintaining a ‘neutral’ policy stance in the October review.
The RBI’s top brass will engage in a customary, post-policy interaction with the media at noon.
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Here are 10 things to know before the RBI chief reveals what’s in store for the economy in the form of the October policy statement:
