The Reserve Bank of India is widely expected to keep rates steady when its two-day monetary policy committee (MPC) meeting concludes on Friday.
The RBI said it will hold the MPC meeting from Oct 7 to Oct 9, having delayed it by a week in order to give the government time to appoint three new external members to the panel.
ALSO READ: Jayanth Varma, Ashima Goyal, Shashanka Bhide: New members of RBI MPC
The government named its nominees late on Monday. Ashima Goyal is currently a member of Indian Prime Minister Narendra Modi's.