Reserve Bank of India, is expected to hold the status quo on both the key benchmark interest rates and its stance for the tenth successive time in the October monetary policy meeting, news agency ANI reported,

The Reserve Bank of India is expected to keep the policy rate unchanged during the October meeting despite recent inflation drops. The decision will be influenced by long-term inflation views and growth.

RBI expected to maintain policy rates unchanged in October meeting, awaiting clarity on inflation trajectory for future decisions.

Despite inflation falling below the apex bank's target of 4 per cent for the past two months, the policy rates will not change in the MPC meeting commencing on October 7, as per BoB report.