Mumbai, June 5 -- Reserve Bank of India (RBI) Governor Sanjay Malhotra is set to announce the outcome of the Monetary Policy Committee (MPC) meeting at 10 a.m. on Friday, with economists and market participants widely expecting the central bank to keep policy rates unchanged amid ongoing global uncertainties.

The three-day MPC meeting will conclude on Friday with the policy announcement, following which the RBI Governor will address a press conference at 12 noon.

At its previous policy meeting in April, the MPC unanimously decided to keep the repo rate unchanged at 5.25 per cent and retained its neutral policy stance. The Standing Deposit Facility (SDF) rate was maintained at 5 per cent, while the Marginal Standing Facility (MSF) rate r...