RBI's monetary policy committee meeting begins today; policy to be announced on October 9

New Delhi [India], October 7 (ANI): The Reserve Bank of India (RBI) is set to begin its three-day monetary policy meeting on Monday and will run from October 7 to October 9.

All eyes are on the outcome, as the central bank has kept the repo rate unchanged for the last nine consecutive meetings. The repo rate, currently at 6.50 per cent, has remained steady since the RBI adopted a cautious stance to balance inflation contr