New Delhi, Dec. 18 -- Reserve Bank of India (RBI) Governor Sanjay Malhotra expects the key policy rates to remain low for a "long period" based on the RBI's projections as the Indian economy is recording robust growth while inflation is well under control, according to a report in Financial Times.

Malhotra also said that the country's economic growth could turn out to be higher than the RBI's projection if the trade agreements, currently being negotiated, with the EU and the US are signed.

"The impact of the US trade deal could be as much as about half a percentage point," the RBI Governor was quoted as saying in the FT report.

The central bank had not looked at the possible impact of the EU trade deal as deeply, but it would also incr...