The six-member Monetary Policy Committee headed by RBI Governor Urjit Patel will decide on key policy rates on Wednesday. While most market participants expect status-quo from the RBI, some believe there could be “out-of-the box” thinking by the RBI, making for a sharp cut in the key rates in order to revive private sector investments. A surprise cut could boost growth, which fell to a three-year low in the June quarter. If the RBI bites the bullet, rate-sensitive sectors will see momentary gain.