New Delhi, Oct. 1 -- The Reserve Bank of India's (RBI) Governors' monetary policy statement made on Wednesday has opened up the possibility of another 25 basis points (bps) rate cut, even as the central bank decided to maintain the status quo on key rates and retain a neutral stance, noted a report by Bank of Baroda.

According to the policy statement, the current macroeconomic conditions and outlook have created space for further policy easing to support growth.

Economists at Bank of Baroda expect the terminal repo rate at 5.25 per cent, with the timing of the next rate cut likely to depend on evolving growth and inflation trends.

The Monetary Policy Committee (MPC) unanimously voted to keep the repo rate unchanged at 5.5 per cent, ass...