RBI's crucial interest rate decision: What to expect
The RBI is set to announce its big interest rate decision this Friday at noon.
Most experts think a small rate cut could be coming, but some expect things to stay the same.
Either way, what the RBI decides will shape where borrowing costs and investments go next.
Why does this matter for you?
A rate cut would likely be the last one for a while and could boost real estate and auto markets—good news if you're eyeing a home or car loan.
If rates hold steady, banks might get some relief from margin pressure.
Even without a change now, there's a chance of hints about lower rates coming next year since inflation is pretty tame.
The bigger picture
RBI has a tricky job: keeping India's strong growth going while dealing with stubborn inflation in some areas.
The rupee recently hit an all-time low against the dollar, adding more pressure.
Plus, global economic uncertainty means every move matters for stability at home.