The Reserve Bank of India's decision to keep interest rates steady is a sign of stability in the Indian economy. For the INDA ETF, which tracks a broad range of Indian securities, this decision could signal a neutral short-term impact. Stability in interest rates often leads to predictable market conditions, which might neither significantly boost nor harm the performance of the ETF in the short term. However, the decision aligns with market expectations, suggesting that any major market movements in response to this news might be limited.