The Reserve Bank of India (RBI) on Friday decided to keep key lending rate unchanged in its October policy review meeting. The six-member monetary policy committee (MPC), headed by RBI governor Shaktikanta Das, kept repo rate untouched at 4 per cent; and reverse repo rate at 3.35 per cent while maintaining accommodative stance. Repo rate is the rate at which the RBI lends to banks, while reverse repo rate is at which it borrows from banks. Indian economy entering into decisive phase in fight against coronavirus, the RBI governor said after the MPC meet. Contraction in economic growth of Q1 behind us, silver linings are visible. Focus must shift from containment to reviving economy, he added. Inflation may ease to projected target by Q4 (fourth quarter) of FY21; while GDP (gross domestic product) growth may break out of contraction and enter positive zone by Q4 of current fiscal, Das further mentioned. Das also stated that real GDP expected to contract by 9.5 per cent in the current fiscal (2020-21). The RBI was forced to postpone its MPC meeting for the first time after the Centre delayed in appointing three external members to replace the earlier economists who completed their four-year term in August.