RBI MPC Meeting Begins: The Reserve Bank of India’s Monetary Policy Committee (MPC) has kicked off its three-day meeting in Mumbai, with the policy outcome scheduled for Wednesday, October 1, at 10 AM. RBI Governor Sanjay Malhotra will announce whether the central bank will adjust the repo rate, which currently stands at 5.5 per cent.

Investors, businesses, and policymakers are closely monitoring the decision, as any change could affect borrowing costs, investment sentiment, and overall economic activity across India.

Economists see status quo likely

A recent Zee Business poll of economists shows cautious optimism. 67 per cent of respondents expect no rate cut in the upcoming policy, while 33 per cent anticipate a 0.25 per cent cut. None foresee a 0.50 per cent reduction at this stage.

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