New Delhi, Feb. 4 -- As India-US deal finalises, The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) is widely expected to keep the repo rate - the key policy rate - unchanged in its upcoming policy meeting scheduled from February 4 to 6. The MPC may also retain a neutral policy stance.

Brokerage house Bank of America (BofA) now believes that this clarity on the growth outlook reduces the need for further rate cuts by RBI MPC, marking a possible end to the rate-cut cycle for now.

"..while there is space for the MPC to provide a growth supportive rate cut, it remained contingent on India achieving a trade deal with the US which has remained one of the key sources of uncertainty for the growth outlook. The deal now would boo...