All eyes on 10 am announcement amid mixed expectations

RBI MPC Meeting Live Updates: The Reserve Bank of India (RBI) Governor Sanjay Malhotra will announce the monetary policy outcome at 10 am. The Street remains divided, with half of the economists polled expecting a 25 basis points rate cut, while the other half expecting the rates to remain unchanged.RBI MPC Meeting Live Updates: The monetary policy decision is shaping up to be unpredictable.The Reserve Bank of India (RBI) Governor Sanjay Malhotra is set to announce the monetary policy outcome at 10 am today.A CNBC-TV18 poll of top economists has shown a clear divide, with half expecting a 25 basis point rate cut, while the other half being of the view that the Monetary Policy Committee (MPC) will keep the rates unchanged.However, all economists expect the RBI to maintain a “neutral” stance with the tone likely to turn dovish as inflation eases and growth signals become mixed.In its previous meeting in June, the RBI had surprised the market with a 50 basis points repo rate cut to 5.5%.Check this space for LIVE Updates on the RBI MPC outcome

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