RBI Likely to End Longest Rate Pause with Expected Rate Cut.

The Reserve Bank of India (RBI) is expected to lower interest rates after keeping them unchanged for a long time. This means borrowing money, like loans, could become cheaper. The last time RBI reduced rates was in 2020, but later, it increased them to control rising prices. Now, with inflation under control and the government supporting a rate cut, RBI might reduce rates to boost the economy. However, global factors like US policies could impact the decision.