The six-member Monetary Policy Committee had unanimously decided to maintain the rates two weeks ago, while staying optimistic on growth.
Sarmistha Pal examines whether the current government's stance in tackling black money has significantly differed from its predecessor
It's not monetary policy determining inflation and employment rates; it's the other way around
Deflation is bad for an economy because it undermines economic growth
Downplays note ban impact, changes policy stance to 'neutral' from 'accommodative'; bond yields soar
Excerpts from post-monetary policy media interaction with RBI governors
Most economists believe the RBI will cut the repo rate by 25 basis points (bps) to a six-year low of 6.00 percent at a policy review
Presumed decline in Wicksell's natural rate of interest is because of the asymmetric monetary policy followed by advanced economies
Banks feel that significant transmission of rate cuts will start after one or two quarters
The repo policy rate is now at its lowest since November 2010
With little visible upside pressure on oil prices or core inflation, we might be entering a prolonged period of very low inflation
Six out of the 10 participants in a Business Standard poll of economists, bankers and market participants said the RBI may pause this time, but a rate cut in December is inevitable
PMI data on manufacturing and services sector would also influence trading
MPC will meet on Oct 3 & 4, before announcing rates at 2.30 pm on Day 2
The resolution of the MPC will be placed on RBI's website at 2.30 pm on October 4
The Reserve Bank of India (RBI)'s fourth monetary review, under Governor Urjit Patel, is scheduled next month. Will it cut rate, or won't it?
Reducing policy rates is not enough. The key is to ensure banks lend to credit-constrained borrowers
Here is a snapshot of what the markets expect from the RBI's policy review on Tuesday
The coming change of guard at RBI has raised expectations of deeper rate cuts
The targets will be notified separately by the government in consultation with RBI