RBI is unlikely to cut rate or change status in Oct 9 monetary policy: BoB Report

New Delhi [India], October 2 (ANI):The Reserve Bank of India (RBI) is expected to uphold the status quo on both policy rate and stance for the tenth consecutive time in its October policy meet, says a research report by the Bank of Baroda (BoB). "The newly constituted MPC is likely to await more clarity on the evolution of the inflation trajectory before embarking on monetary easing path. While the near-term outlook on in